: So the arrival of thousands of young -- and often well-educated -- potential workers stands to boost the long-term economic prospects of the region, according to Huffington Post Canada. The key is how well they are integrated and how many jobs European countries can offer. A plunge in birth rates means there will be a dearth of European workers in coming years to support the growing number of retirees. Germany, among the most vocal in welcoming refugees, is also conveniently the country that stands to gain most quickly, as it has a strong labour market with lots of vacancies. Germany forecasts its workforce will drop by 6 million in the next 15 years. By contrast, weaker economies like Greece and Italy will take years, even decades, to see positive effects as they struggle to create jobs -- though they too face the threat of a demographic time bomb. "Let us not forget, we are an aging continent in demographic decline,'' the president of the European Union Commission, Jean-Claude Juncker, said last month in a speech. "We will be needing talent.'' Before the influx of people began this year, the German statistics office said it expected the country population, now 80.8 million, to shrink by a tenth or more by 2060.
(www.immigrantscanada.com). As
reported in the news.
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22.9.15