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Why Immigration is Good

Aside from all the other reasons, immigration is good for Seniors. Immigration brings in younger workers into the workforce, which is required to support the Social Security System. Not only does it help support those of us that are nearing retirement, it helps the economy in general.  If places that accept immigration the economy shows marked improvement with in 2 years based on new businesses and improvement of existing businesses. Even in countries that do not accept migrants wholly, the economy grows markedly in 4 Years.

Following is some research by The Organization for Economic Co-operation and Development (OECD).

The full article is at  https://www.oecd.org/migration/OECD%20Migration%20Policy%20Debates%20Numero%202.pdf .

Labor Markets

  • Migrants accounted for 47% of the increase in the workforce in the United States and 70% in Europe over the past ten years.
  • Migrants fill important niches both in fast-growing and declining sectors of the economy.
  • Like the native-born, young migrants are better educated than those nearing retirement.
  • Migrants contribute significantly to labour-market flexibility, notably in Europe.

The Public Purse

  • Migrants contribute more in taxes and social contributions than they receive in benefits.
  • Labour migrants have the most positive impact on the public purse.
  • Employment is the single biggest determinant of migrants’ net fiscal contribution.

Economic growth

  • Migration boosts the working-age population.
  • Migrants arrive with skills and contribute to human capital development of receiving countries.
  • Migrants also contribute to technological progress.
      Understanding these impacts is important if our societies are to usefully debate the role of migration. Such debates, in turn, are essential to designing policies in areas like education and employment that maximize the benefits of migration, especially by improving migrants’ employment situation. This policy mix will, of course, vary from country to country. But the fundamental question of how to maximize the benefits of migration, both for host countries and the migrants themselves, needs to be addressed by many OECD countries in coming decades, especially as rapid population aging increases demand for migrants to make up shortfalls in the workforce.

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