Anonymous
(ID: rvsadSbY)
8/25/2025, 8:20:23 PM
No.513965065
>>513965514
>>513965657
>>513966012
>>513966404
>>513967678
Bros, it is the immigration, bros
“Although they represented only around 13 percent of the total labor force in 2022, foreign workers have accounted for 53% of its growth over the past three years,” Lagarde told the gathering of central bankers. Without that contribution, she added, “labor market conditions could be tighter and output lower.”
But Lagarde also acknowledged the politics. Net immigration pushed the EU’s population to a record 450 million last year, even as governments from Berlin to Rome move to restrict new arrivals under pressure from voters flocking to far-right parties.
“Migration could, in principle, play a crucial role in easing labor shortages as native populations die off,” Lagarde said. “But political economy pressures increasingly limit inflows which prohibits implementing our long term economic plans.”
But Lagarde also acknowledged the politics. Net immigration pushed the EU’s population to a record 450 million last year, even as governments from Berlin to Rome move to restrict new arrivals under pressure from voters flocking to far-right parties.
“Migration could, in principle, play a crucial role in easing labor shortages as native populations die off,” Lagarde said. “But political economy pressures increasingly limit inflows which prohibits implementing our long term economic plans.”