Global skills mobility is integral to business and economic growth, with labor migration having contributed an estimated four percent to global economic output in recent years. That was one of the key messages delivered by USCIB President and CEO Peter Robinson at a March 26 international dialogue on migration held at UN headquarters in New York.
Robinson represented both USCIB members and the International Organization of Employers, which alongside the World Economic Forum spearheads private-sector input to the inter-governmental Global Forum on Migration and Development via a recognized “Business Mechanism.” He said companies know the value of skills mobility in their workplaces: fully 74 percent of corporate respondents in a recent survey by the Council for Global Migration reported that access to global skills is critical to attaining their business objectives.
By 2020, there is expected to be a worldwide shortfall of 38-40 million skilled workers, Robinson observed, and national migration systems need to adjust to address this need. Benefits of skilled migration accrue to both the countries receiving and sending migrants, he said. Many advanced economies are facing the labor impact of aging populations and falling birth rates, and must look abroad to fill worker shortages at all skill levels. And many countries rely on remittances from their citizens working abroad as well as the skills of returning migrants.
Companies operating at the global level are increasingly sensitive to potential abuses of migrant workers in their supply chains and are taking steps to address these, according to Robinson, who currently co-chairs the B20 Employment and Education Task Force. They are participating in an array of initiatives aimed at fostering fair and ethical recruitment, and are lending their expertise to helping national authorities better process immigrants and match employment opportunities with available workers.
Robinson underlined the commitment of business to this subject area and to the UN’s Global Compact on Migration. He urged governments and other stakeholders to partner with employers at the global and national levels to address the need for expanded skilled migration.