Eye on the world: No under- or unemployment

In “Europe’s migrant crisis: Is it bane or boon to jobs and benefits?The Christian Science Monitor notes that while many across Europe—where high unemployment plagues several nations—fear that “the influx of migrants will negatively impact jobs and social benefits,” a French economist has found that in his country, “immigrants and locals usually do not compete for the same jobs, but work in a complementary fashion.” However, according to the director of the Institute for Economic Studies Europe, “it’s not that simple…. France’s highly regulatory labor market makes it extremely difficult for immigrants to enter the workforce in a meaningful way…. immigrants essentially get ‘regulated’ out of jobs they would otherwise want.”

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