this post was submitted on 01 Apr 2024
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With immigration hawks on the rise, the bloc's tech champions sound the alarm when it comes to recruiting expat workers.

The far right’s recent gains in Europe could be industry’s loss when it comes to recruiting skilled foreign workers.

Leading companies in industrial strongholds such as Germany and the Netherlands — active in areas such as microchip manufacturing — are increasingly worried that anti-immigration policies could make it harder for them to hire the expat workers they need to fill their many boom-driven vacancies.

The companies’ message: Don’t block our ability to tap foreign workers, or it will hamper growth.

Microchip manufacturing, essential for producing everything from cars to smartphones, is poised for rapid expansion in the next few years, especially in already established hubs in Europe, like the greater Eindhoven region in the Netherlands or Dresden in eastern Germany.

Companies in the sector claim that Europe’s demographics and young people’s study preferences mean they can’t rely solely on homegrown talent to meet their employment needs.

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[–] xmunk@sh.itjust.works 1 points 7 months ago

I agree there are countries in far worse positions but the Japanese debt is rough unless MMT is assumed fully correct and Japan is considered under the cloak of US power projection. Even with those assumptions Japan is in a terrible place for issuing new debt.