Issues of migration and immigration are likely to cause a heated debate in 2012 and the years to come as governments tackle their sovereign debt. Rising unemployment will leave many people trying to work where and how they should establish themselves in a depressed labour market. The problem is not only cyclical, but structural and will call upon many to adjust their skills over the coming years in order to find their place in a globalised labour marketplace.
This problem is not specific to any country, whether in the Eurozone or in developing nations. We are yet to see how governments deal with the movement of labour across borders and how this will affect the dynamics of the global labour market.
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