🌍 Global central bankers at Jackson Hole agreed that economic growth now depends heavily on foreign workers.
🇪🇺 In Europe, foreign workers made up just 9% of the labor force but drove 50% of labor growth in recent years.
📉 Without immigrant labor, economies like Germany and Spain would face serious GDP losses.
🇯🇵 Japan’s central bank highlighted that even with only 3% foreign workers, they contributed half of labor expansion.
👴 Aging populations in developed nations are shrinking their native labor forces rapidly.
📈 UK projections show that 40% of the population will be above working age by 2040.
🛠️ Central banks stressed that monetary policy alone can’t fix labor shortages—immigration must be part of the strategy.
💼 Foreign workers are helping fill gaps in key industries such as construction, healthcare, and manufacturing.
🔁 Experts called for long-term planning that includes inclusive immigration policies.
📢 Policymakers urged governments to balance political resistance with the economic need for global talent.
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