Rich parts of Asia are on the hunt for immigrants
But the demographic maths remain unforgiving
For a lesson on how complaining gets results, look to South Korea. Economists have long warned the country’s shrinking working-age population would create a shortfall, but few have moaned about it as assiduously as the business lobby. Finally, their pressure has yielded results. Last year the quota for E-9 visas, which cover “non-professional” workers, was 120,000, by a wide margin the most ever (see chart). This year the E-9 quota will rise to 165,000. The total stock of migrant labour increased by 9% in 2023.
This article appeared in the Asia section of the print edition under the headline “Visa lottery”
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