BUSINESS MIGRATION A report out of the 2026 International Migration Review Forum (IMRF) is calling for more effective global talent poli- cies amid migration trends and labour shortages. The paper, Business Perspectives on Migration: What works and what doesn’t, comes from the International Organisation of Employers’ (IOE) Business Advisory Group on Migration, with input from mobility organizations like CERC, which serves as a member of its Executive Committee. The report combines feedback from large corporations, national employers’ organizations and industry associations to examine the growing disconnect between global labour migration systems and modern workforce needs, while suggesting ways to reach a more balanced migration model. IOE’s report arrives during a period of sustained global migration. According By Matthew Bradford Unpacking key takeaways from IOE’s business migration report MODERN MIGRATION FOR A FOR A MODERN ECONOMY to its research, more than 304 million migrants worldwide were counted by mid-2024 (up from 275 million in 2020), with labour migrants representing over half (167.7 million) and forming 4.7 per cent of the labour force in destina- tion countries. Breaking it down further, 68.4 per cent of migrant workers were in services, 24.3 per cent in industry and 7.4 per cent in agriculture. Yet, while global migration numbers continue to climb, employers worldwide are experiencing the highest levels of talent shortages in 15 years, particularly in sectors such as information, hospi- tality and leisure, and health and social services. The report goes on to suggest long-standing gaps in migration policy and governance are resulting in skills short- ages across all regions and industries, as employers struggle to identify the talent required to fill roles in a rapidly evolving world of work. “Today’s businesses operate with global, flexible and digitally enabled workforces, yet migration policies remain rigid, overly bureaucratic and slow to adapt, creating a collision of business needs with dysfunctional and outdated policies that restrict access to talent and undermine competitiveness,” says Stéphanie Winet, IOE’s head of stakeholder engagement. “This disconnect is further compounded by inflexible visa categories, inconsistent 72 per cent of employers report difficulty filling vacancies, double the rate from a decade ago Summer 2026 PERSPECTIVES 15
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