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Record High Migration in OECD Countries Amid Economic Demand

In 2023, the OECD reported a record 6.5 million new permanent migrants across its 38 member countries, a 10% increase from the previous year. The United States remained the top destination with 1.2 million new legal residents. While migration for family reunification rose, employment rates among migrants reached historic highs at 71.8%. Despite good employment prospects, challenges remain in labor market integration for many migrants. The OECD emphasizes the importance of managing migration flows and sustaining economic growth in light of demographic changes and labor shortages.

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