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Tag Archives: Immigration

High-Skilled Immigration and Employment at Multinationals

Britta Glennon reports in an NBER working paper that the two go together. Skilled immigration restrictions may have secondary consequences that have been largely overlooked in the immigration debate: multinational firms faced with visa constraints have an offshoring option, namely, hiring the labor they need at their foreign affiliates. If multinationals use this option, then restrictive migration policies are unlikely to have the desired effects of increasing employment of natives,...

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Coronavirus: Switzerland holds off on open borders with Italy

© Alexirina27000 | Dreamstime.com Switzerland’s Federal Council announced on June 2 that it plans to maintain border restrictions with Italy until further notice as a reciprocal border arrangement with Italy would be premature. From 3 June 2020, Swiss residents will be able to travel to and return from Italy, but Italians or Italian residents will not be able to travel to and from Switzerland unless they are able to under current border restrictions, for example...

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Coronavirus: Switzerland plans to lift all restrictions on Schengen movement

Switzerland’s Federal Council plans to lift all travel restrictions and re-establish free movement of persons across the Schengen area no later than 6 July 2020 and possibly as early as mid June, it announced today. © Scaliger | Dreamstime.comIf the epidemiological evolution allows, restrictions on entering, working and living in Switzerland will be lifted for all Schengen states from mid-June and no later than 6 July, said the government. The Schengen area, which consists of 26...

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Coronavirus: Switzerland sets date for fully reopened borders with Germany, Austria and France

On 13 May 2020, Karin Keller-Sutter, Switzerland’s ministerial head of police and justice, said Switzerland is aiming to fully reopen borders between Germany, Austria and France on 15 June 2020. © Prosiaczeq | Dreamstime.comAfter discussions with her counterparts in these three countries she said there was a common will to return to normal as quickly as possible including the freedom to travel, if epidemiological development allows it.  In addition, she said they would like to relax...

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Swiss foreign work permit quotas maintained for 2020

Every year, Switzerland sets quotas for the number of work visas it issues to citizens outside the EU and EFTA. This week the government announced it would maintain the quota of 8,500 permits that was in place in 2018. In addition, it confirmed an earlier deal it struck with the UK to issue up to 3,500 work visas to British citizens in the event of a no-deal Brexit. The 8,500 quota is made up of 4,500 B-permits for stays over one year, and 4,000 short-term L-permits for short term...

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Unemployment rises in Switzerland but falls across the EU

Switzerland’s low unemployment rate is the envy of many EU countries. However, in the third quarter of 2019, Switzerland underperformed the EU. © Suriel Ramirez Zaldivar | Dreamstime.comRecent statistics show Switzerland’s overall rate of unemployment in the third quarter rose from 4.2% (Q3 2018) to 4.6% (Q3 2019) – these figures are based on the International Labour Organisation definition of unemployment. The lower measure typically used in Switzerland includes only those still...

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Why Switzerland ranked near the top of the 2019 global competitiveness ranking

Switzerland made the the top 5, after dropping from 4th to 5th, in this year’s World Economic Forum (WEF) Global Competitiveness Index. Switzerland’s decline was largely due to a down weighting of a factor where it is strong, according to WEF’s Saadia Zahidi. Solar Impulse 2 – an example of Swiss innovation – © Ryan Fletcher | Dreamstime.comThe Global Competitive Index measures performance in 114 areas that influence a nation’s productivity. Productivity, a measure of how much value is...

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UBS warns of a looming shortage of workers in Switzerland

The Swiss bank UBS estimates there could be a shortfall of 500,000 workers in Switzerland in the coming 10 years as the baby boomer generation retires. © Sebnem Ragiboglu | Dreamstime.comHowever, the bank predicts the shortfall will not be even across all industries. Some sectors are expected to stagnate. Workers in these industries might find it harder to find work. Demand for workers is expected to be high in the health and care sectors but low in manufacturing. In general, growth is...

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Switzerland number one for expat pay and stability

Geneva – © Hai Huy Ton That | Dreamstime.com In 2019, Switzerland came top overall in a ranking of destinations for expatriates to live and work, moving up from eighth last year. Singapore, which had held the top spot for four years in the HSBC’s list of the best countries for expatriates, dropped to second place. Switzerland scored highly on salaries (1st), stability (1st), education (2nd) and quality of life. 82% of...

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Switzerland number one for expat pay and stability

In 2019, Switzerland came top overall in a ranking of destinations for expatriates to live and work, moving up from eighth last year. Geneva – © Hai Huy Ton That | Dreamstime.comSingapore, which had held the top spot for four years in the HSBC’s list of the best countries for expatriates, dropped to second place. Switzerland scored highly on salaries (1st), stability (1st), education (2nd) and quality of life. 82% of expats say they experienced an improvement in quality of life after...

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