Global Migration Plummeted During Pandemic, but Labor Shortages Drive Rebound

Migration to wealthy nations plummeted previous yr as the Covid-19 pandemic shut enterprises and borders, but a rebound is under way as shortages of staff chunk and industries that had come to rely intensely on migrant labor in excess of the past two many years reopened.

In its annual report on the motion of people today throughout borders, the Group for Financial Cooperation and Advancement, a Paris-based mostly investigate overall body, said the range of migrants arriving in its mainly wealthy-place users fell by nearly a third to three.seven million, the major drop considering the fact that records started in 2003.