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Why rich countries are so dependent on migrant workers | CNBC Explains

Duration: 09:21Views: 225.6KLikes: 4.2KDate Created: Oct, 2021

Channel: CNBC International

Category: News & Politics

Tags: international marketscnbcglobal economyinternational labour organizationforeignersfinancial marketlabour marketgermanyhuman rightsindiacnbc explainsmigrantukthailandphilippinesworkersglobalisationnessa anwarbusiness newsmigrant workerseconomysri jegarajahpopulationsingaporefinancial newswhy rich countries need immigrantscnbc documentariesmigrationforeign workerscnbc international

Description: The International Labour Organisation estimates that there are 169 million international migrant workers in the world, making up almost 5% of the global workforce. The majority work in, and are integral to the fast development of high-income countries, but at what cost? Video contents: 00:00 Intro 00:40 Economic impact of migrant workers 02:04 Biggest drivers of the migrant workforce 03:55 Commonalities of countries that provide migrant workers 05:57 Vulnerability of migrant workers 07:00 Benefits of migrant workers ----- Subscribe to us on YouTube: cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: cnb.cx/2NGytpz Like our Facebook page: facebook.com/cnbcinternational Follow us on Instagram: instagram.com/cnbcinternational Follow us on Twitter: twitter.com/CNBCi

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