the CanadaVisa Team - 22 July, 2015
The fourth World Migration Report, entitled 'Managing Labour Mobility in the Evolving Global Economy' was recently released by the Geneva-based International Organization for Migration (IOM).
The report indicates that labour migration will remain a strong driving force. It noted that without immigration, demographic trends in developed countries point to a decline in working-age populations by 23 per cent by 2050. These countries will consequently be competing for both highly skilled migrants as well as semi-skilled workers.
The report stated that 'the developing world can easily be the source of as many people of working age as needed in developed countries.' According to 2005 data, China (with 40 million) and India (with 20 million) are the largest source countries of migrant workers. By 2050, these two countries are likely to account for 40 per cent of the global work force.
Europe welcomed 70 million immigrants in 2005, followed by North America at 45 million.
The report also highlights that there are currently 200 million international economic immigrants, almost half of which are women.
