The arrival of migrants in OECD regions is not new. In 2019 alone, 5.3 million new permanent migrants settled in OECD countries, many moving from one OECD country to another. These included foreign doctors, nurses and scientists.
Berlin, London, Madrid and Paris are engines of productivity growth that have long been magnets for young and skilled workers. COVID-19 has brought this boom to a halt. Indeed job posting data offer an unparalleled view of how the pandemic has transformed labour markets in Europe’s four largest capitals at the start of 2021.