Markets

Insider Trading

Hedge Funds

Retirement

Opinion

13 Countries for Unskilled Workers to Immigrate to

In this article, we will take a look at 13 Countries for Unskilled Workers to Immigrate to. You can skip our detailed analysis and go directly to the 5 Countries for Unskilled Workers to Immigrate to.

According to the Migration Data Portal in 2022, the number of international migrant workers has steadily increased over the years, reaching 169 million by 2019. Of this total, 58.5% are male, while 41.5% are female. Women, in particular, are often employed in low-paid and low-skilled jobs. One of the most common reasons for immigration is the limited job opportunities in the labor market. Many people relocate to developed nations in pursuit of a better quality of life, seeking improved and higher-paying jobs, even in cases of lower education and no special skills.

Unskilled Worker Immigration– Potential for Economic Growth

Low-skilled or unskilled labor/workers are typically defined as individuals employed in jobs that require little or no experience or training, often involving routine tasks. However, their role in the economy should not be underestimated. Many companies value unskilled labor as it constitutes a significant portion of their workforce. The immigration of unskilled or low-skilled workers also has far-reaching implications globally. While the increase in international migration has been associated with higher economic gains for the global GDP, ranging from 20% to 60%, unskilled immigration itself can contribute to elevated labor productivity and GDP per capita in host countries. The resulting gains can be distributed across populations in both immigrant and emigrant countries.

Unskilled Immigration– A Contentious Issue

While immigration remains a politically contentious issue in the US, opinions on encouraging skilled and discouraging unskilled immigrants are also sharply divided. Some, particularly economists, advocate for a more lenient policy towards unskilled labor, contrasting with those who argue that such individuals may displace native workers. A recent study on the US low-skill work visa lottery supports the economists’ perspective, revealing that firms forced to reduce their foreign low-skill hires by half experienced an 18% decrease in production and did not increase native hiring either.

Demand for Unskilled Immigrants in the US

It is, therefore, not surprising that large organizations persist in hiring unskilled or low-skilled immigrants aspiring to obtain citizenship in developed countries like the US. These companies span various industries, including hotel chains like Marriott International, Inc. (NASDAQ: MAR), fast-food giants like McDonald’s Corporation (NYSE: MCD), and even tech conglomerates like Google (NASDAQ: GOOG).

One method is the EB-3 Unskilled Visa Program, allowing low-skilled immigrants to replace Americans who are unwilling to take entry-level jobs on a permanent full-time basis, with the desire to gain US citizenship. The Congress has allocated approximately 10,000 visas annually for such jobs. The food sector, in particular, offers multiple low-skill level jobs (entry level) continuously filled by immigrants through the EB-3 Unskilled Visa program. Companies like McDonald’s Corporation (NYSE: MCD), for instance, utilize this program to hire foreign workers. Currently, 72 US McDonald’s Corporation’s (NYSE: MCD) franchises are participating in this program, resulting in 3,200 employees obtaining their green cards.

EB-3 visas have also proven successful for tech companies such as Google (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), 3M Company (NYSE: MMM), and Apple (NASDAQ: AAPL). These companies have utilized the program to fill positions during periods of domestic labor shortages since the 1990s.

13 Countries for Unskilled Workers to Immigrate to

Methodology

To compile the list of 13 Countries for Unskilled Workers to Immigrate to, we referenced our article on the 20 Countries with the Highest Minimum Wage in the World as a starting point. This preliminary list was designed to identify countries beneficial for unskilled workers in terms of income. We then utilized the Labor Market Mobility score from the Migrant Integration Policy Index 2020 to rank these countries in ascending order. Additionally, as a tie-breaker in case of similar rankings, we considered the foreign-born employment rates for low-skilled jobs sourced from the OECD’s Settling In 2018 Indicators of Immigrant Integration.

Note: The foreign-born employment rates for low-skilled jobs for the United States were not available in the report due to the fact that the country does not make a distinction between low-skilled and medium-skilled jobs. Information for Canada was also not available in the document.

The minimum wage rate is calculated on the basis of the exchange rate and therefore, is subject to change.

By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

Let us now move to our list of 13 Countries for Unskilled Workers to Immigrate to.

13. Israel

Labor Market Mobility Score: 52

With a robust minimum wage policy standing at $8.57 per hour, Israel stands out as a compelling option for the unskilled labor force seeking an improved quality of life, especially considering the expected further increase in the minimum wage this year. Recently, the Israeli government implemented a more lenient unskilled labor hiring policy. This change, aimed at addressing labor shortages in the country, permits industrial companies to now recruit unskilled labor from previously unauthorized countries, including nations like India and Sri Lanka.

For immigrants seeking better job opportunities, particularly from emerging or developing nations, Israel emerges as a promising choice. The labor market mobility score indicates a moderately favorable environment, granting immigrants immediate access to the job market, albeit under less favorable conditions than those for nationals. The employment rate for foreign-born individuals in low-skilled jobs in the country is 8.5%, compared to 5.7% for native-born individuals. This suggests that immigrants are more likely to secure low-skilled jobs making Israel an attractive destination for unskilled workers seeking opportunities.

12. Lithuania

Labor Market Mobility Score: 52

Lithuania is another country offering a competitive minimum wage of $6.16 per hour to its residents. With an economy centered around finance, tourism, and luxury goods, Lithuania presents numerous job opportunities. Popular positions for foreigners without a degree include roles such as event staff, recreational attendant, hotel bellhop/porter, and more.

Similar to Israel, Lithuania offers a somewhat favorable situation for immigrants in the labor market. While most immigrants can readily access the job market, they may encounter challenges in finding opportunities for skill advancement or vocational education. Nevertheless, given the higher percentage of foreign-born individuals in low-skilled jobs compared to native-born residents, the country presents a potential opportunity for unskilled immigrants to secure a place in the labor market.

11. France

Labor Market Mobility Score: 52

As an advanced economy, France offers a globally competitive minimum wage of $12.35 per hour. Unskilled workers can find a range of job opportunities in the service sector, including restaurants, bars, and hotels. The thriving tourism industry also presents ample possibilities for individuals without specific skills or experience. Additionally, those with proficiency in English can explore employment opportunities in call centers or as nannies.

France’s labor market mobility score indicates a favorable environment for immigrants, making it relatively easy for them to find jobs, with some restrictions in more regulated job sectors. However, similar to the previously mentioned countries, accessing training and skill education may pose challenges for immigrants. The country predominantly offers low-skilled jobs to immigrants, evident in the disparity between foreign-born (18.7%) and native-born (9.2%) employment rates in low-skilled positions.

10. Belgium

Labor Market Mobility Score: 56

As a developed European country offering its residents numerous benefits, including a high minimum wage, Belgium stands out as a potential destination for unskilled workers seeking immigration. With a minimum wage per hour at $12.94, Belgium provides opportunities for individuals desiring to move to the country and secure employment. Various unskilled jobs are available, ranging from positions in food service to construction labor and house cleaning, among others.

The labor market mobility for newcomers in Belgium is reasonably favorable, allowing non-EU immigrants access to public employment and training opportunities, albeit with some delays. Notably, a significant proportion of low-skilled jobs in the country (21.6%) are filled by foreign-born individuals, surpassing the native-born employment rate of 8.7%. Consequently, Belgium emerges as a viable option for unskilled immigrants seeking job opportunities and a place to settle down.

9. New Zealand

Labor Market Mobility Score: 59

Effective from April 1, 2024, the minimum wage in New Zealand is expected to be set at $14.12 per hour. While the country, like many others, is streamlining rules to attract skilled labor, there are ample opportunities for unskilled workers as well. Various industries, including hospitality, manufacturing, retail, supermarkets, and construction, actively employ a significant number of unskilled workers. Immigrants entering the country on job visas in these sectors can not only enjoy competitive salaries in this developed nation but also access many other associated benefits.

While new immigrants in New Zealand may experience some delays in complete labor market integration, the labor market mobility score indicates that they can still access the market and benefit from targeted support. Notably, 9.2% of foreign-born residents in New Zealand are employed in low-skilled jobs, showcasing opportunities for newcomers to participate in the workforce.

8. Japan

Labor Market Mobility Score: 59

Japan, as a developed nation with a robust economy and a relatively high minimum wage set at $7.46 per hour since October 1, 2023, has undergone significant changes in its immigration policies. In late 2018, the country revised its immigration laws to attract both low-skilled and high-skilled workers to address labor shortages in specific sectors. From April 2019, this initiative aimed to encourage the immigration of 350,000 new individuals—comprising both types of workers—over a consecutive five-year period. Additionally, the country’s growth in the agriculture and construction sectors has led to increased employment opportunities for low/unskilled workers.

Japanese immigrant integration policies prioritize equal treatment for permanent residents alongside other citizens. Temporary workers are also granted the opportunity to secure basic subordinate-level jobs. The foreign-born rate of employment in low-skilled jobs is notably higher at 12.5%, compared to the native-born rate of 9%, indicating increased opportunities for unskilled workers to find employment in low-skilled roles within the country.

7. Netherlands

 Labor Market Mobility Score: 65

As one of the strongest economies in Europe, the Netherlands emerges as a promising destination for unskilled workers seeking immigration. The country offers a wealth of diverse job opportunities, particularly in manufacturing, retail, and food service. Notably, the Netherlands provides a highly competitive minimum wage of $14.46 per hour.

The Netherlands also secures a place in the slightly favorable category of the MIPEX integration index, indicating the ease with which new non-EU migrants can find employment in both public and private sectors. Long-term migrants and families staying in the country also enjoy equal access to education, training, and study grants. Additionally, the proportion of foreign-born individuals in low-skilled jobs surpasses that of the native-born population (15.2% compared to 8.2%), underscoring increased opportunities for unskilled individuals to secure these positions.

6. South Korea

Labor Market Mobility Score: 65

South Korea stands among the nations with a high minimum wage, currently set at $7.40 per hour as of January 1, 2024. The Korean government actively promotes the influx of low-skilled foreign workers into the country, particularly in sectors such as hospitality, mining, and forestry. The goal is to attract and integrate 165,000 new immigrants into these industries.

South Korea’s labor market mobility score suggests a generally favorable attitude toward immigrants, with long-term residents enjoying easy access to self-employment, public jobs, and general and targeted support. However, temporary workers may encounter some obstacles. Notably, there is a significant difference between the foreign-born and native-born populations in low-skilled level jobs. A substantial 32% of foreign-born individuals were found to be employed in unskilled worker positions, compared to only 9.9% of the native-born population holding such jobs.

Click to continue reading and see our 5 Countries for Unskilled Workers to Immigrate to.

Suggested Articles:

Disclosure: None. 13 Countries for Unskilled Workers to Immigrate to is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…