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Latest Immigration Figures Show Extent of EU Workers Leaving UK
The recent UK Office for National Statistics (ONS) report shows that most leavers from the UK in 2016 – 36 percent - were EU citizens, with 117,000 emigrating; an increase of 31,000 on 2015. In 2016, 17,000 more people left the UK than the previous year for employment in another country. Overall data from the report suggests an exodus of EU citizens is occurring as a direct result of the uncertainty surrounding their future immigration status in Britain. With so many EU workers departing the country, UK employers are facing such challenges as access to a reduced pool of workers, particularly for lower-skilled posts; the prospect of increased immigration fees relating to those EU workers who do remain, as a result of possible changes in UK immigration rules; and the removal of free movement of labor and the cost of choosing to access labor from outside the EU. Find out more about EU workers departing from the UK.
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UAE Leads in Developing and Retaining Workforce Talent
A report from Insead Business School (with Google and the Centre for Economic Growth) that was released May 28 places the UAE in the top 20 of 118 countries, and first in the Middle East and North Africa (MENA) for enabling, developing and retaining talent. The UAE also ranks above countries in central and southern Asia, Latin and Central America, the Caribbean and sub-Saharan Africa. In contrast, the Middle East and North Africa Talent Competitiveness Index showed that the UAE had one of the highest rates of "fear of failure" and one of the lowest for entrepreneurial intention; trailing the UK, the U.S. and Singapore considerably in terms of developing knowledge skills. Read about the UAE as a talent leader.
Indians Worst Hit as Australia Abolishes Popular Work Visa
On April 18, Australia abolished the popular 457 work visa it granted to 95,000 foreign workers every year. Indian workers historically used about 25,000 of the visas, which allowed businesses to employ foreign workers for a period of up to four years in skilled jobs where there is a shortage of Australian workers. Many people from the Indian subcontinent who applied under such categories as web developer, accountant, cook, chef and restaurant manager have been affected by the recent changes in Australia's visa policy. Learn more about Indian workers and the Australian visa.
Introducing Oakwood® Olympic & Olive. Offering modern architectural design and urban accessibility, the property is located within easy reach of L.A. Live, the Financial District and the Fashion District. This serviced apartment community features an energetic downtown presence where residents can experience outdoor spaces and amenities that foster a sense of community— creating an urban oasis amidst the downtown energy. Learn More!
Japan Needs More Workers and It Can’t Find Them
Data released by the Japanese government this week showed that the country's labor shortage has reached its most extreme level in more than 40 years, and indicated that Japan now has 1.48 jobs for every applicant. While the Japanese economy is growing, the labor market figures are more indicative of a shrinking pool of workers than a rise in the number of jobs. A rise in life expectancy and lower birth rates have created an aging population and dwindling workforce in Japan, posing a threat to the country's future economic growth. Japan is averse to the idea of using immigration to offset the decline. Read about Japan's increasing need for workers.
This is What Expats Working in Australia Like, and Dislike, About This Country
A study by foreign exchange fintech World First finds that expatriates have a better work-life balance in Australia compared to their home countries. The survey also notes that 64 percent of expats reported they earn more money in Australia, and 72 percent said they had the same or less work hours despite Australian’s reputation for working longer days. But it’s not all rosy! Nearly 70 percent say Australia was a more expensive country to live in. Find out more about what expats in Australia like best and least.
Government Affairs Community Update
Worldwide ERC®’s latest update includes a report on NAFTA and tax reform, along with mobility industry impact statements. Navigate to the most recent Government Affairs Community Update.
An Idea from Latin America
The World Economic Forum (WEF) says that two ways Latin America can take advantage of the opportunity presented by the Fourth Industrial Revolution are to educate and connect its people. As do many other countries, Latin America needs a workforce that is trained in essential and emerging networking skills, as well non-technical skills like proficiency in English, teamwork, problem-solving, creativity and innovation, and communication. The Thai government offers a good model for Latin America: it has allowed foreign universities and vocational academies to set up facilities in the Eastern Economic Corridor to teach and train Thais in areas where there are manpower shortages. And Latin America is following suit, entering into partnerships with nonprofit organizations and corporations such as network provider Cisco to provide training to people who need it. Find out more about a Latin American workforce solution.
Canada Rolling Out Welcome Mat to Visitors, Skilled Workers, Students
Ahmad Hussen, Canadian Minister of Immigration, Refugees and Citizenship, says that refugees are welcome in Canada because the country understands that immigration helps rather than hinders society. Despite rising nationalism around the world, Canada embraces immigration as a net benefit, and sees immigration as a fundamental underpinning of Canadian society to counter an aging population, low birth rate and lack of skilled workers. To continue the long-standing tradition of welcoming immigrants, Hussen said his ministry is streamlining its visa-application procedures for international business investors, skilled workers and students. Read more about Canada's welcome mat!
Winning with Digital Confidence
Digital competency is practically mandatory in many sectors; if companies don’t get on board, they’ll fall behind competitors that do. And yet the knowledge required for widespread digital competency is often in short supply, and the related skills in agility and collaboration are often difficult to achieve in large companies. In a few years, an 18-month skills half-life may seem like a luxury. As a result, many executives’ confidence in their organization’s “Digital IQ” — their ability to harness digital-driven change to unlock value — is at an all-time low. That’s one of the main findings from the 2017 edition of PwC’s Digital IQ survey. Understand the importance of digital competency in your company.