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Good News: Africa Needs More Jobs While Europe Needs More Workers

We look at the challenges that Europe faces with an aging population, and ask if the challenges that Africa faces with a burgeoning working-age population might be a mutually beneficial part of the answer. We think they might, but not under “business as usual” immigration policies. Current forecasts as well as some we make ourselves suggest migration will fill only a small part of Europe’s looming labor shortage, and African migrants will be a comparatively minor component of that migrant flow. That’s a huge lost opportunity for both continents.