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Member Panel: Workforce
  + stars: | 2023-12-04 | by ( Leslie Picker | ) www.cnbc.com   time to read: 1 min
The workforce is on the brink of a revolution fueled by societal, technological, and demographic shifts. CFOs need to be prepared. National immigration policies, company remote work policies, and developments in AI will impact who is hired, and how they work. Three CFO members from different industries share projections on their future workforce and how they're preparing for the shift.
But immigration policy reform could be one solution, some experts say. In 2022, foreign-born U.S. residents — including legally admitted immigrants, refugees, temporary residents and undocumented immigrants — represented about 18% of U.S. workers, up from 17.4% in 2021, according to the U.S. Bureau of Labor Statistics. A pathway to citizenship for undocumented immigrants would offer eligible workers better education and employment opportunities while boosting federal tax revenue, Vimo said. Reform could offer 'huge benefits' to tax baseDepending on the scope of changes, immigration policy reform could provide "huge benefits" to the U.S. tax base and economy, said Silva Mathema, director for immigration policy at the Center for American Progress. In a 2021 report, the organization modeled the economic impact of four scenarios involving a pathway to legalization and citizenship for undocumented immigrants.
Persons: Nicholas Kamm, Lea, Jackie Vimo, , Vimo, Silva Mathema, Steven Camarota Organizations: AFP, Getty, Social Security, Centers for Disease Control, National Immigration Law Center, U.S . Bureau of Labor Statistics, Center for American, American Immigration, Immigrants, National Immigration Law, Center for Immigration Studies Locations: U.S
Both figures were lower than what Chinese state media had earlier cited the ministry as predicting: 896 million trips and 782.5 billion yuan in domestic tourism revenue. Golden Week domestic tourism revenue was 753.43 billion yuan ($103.24 billion) — a 1.5% increase from that in 2019, according to China's Ministry of Culture and Tourism . The number of domestic tourist trips rose by 4.1% from 2019 to 826 million during the latest eight-day holiday, the ministry said. BEIJING — China's big "Golden Week" holiday saw domestic tourism rebound to around pre-pandemic levels, while overseas travel had yet to fully recover, according to official figures. That was also below earlier predictions, reported by state media, which forecast nearly 1.6 million trips across the border a day.
Persons: Morgan, Robin Xing, Morgan Stanley, Trip.com, Jane Sun, CNBC's Eunice Yoon Organizations: China, Golden, China's Ministry of Culture, Tourism, BEIJING, National Immigration Administration, China's Labor Locations: China, Beijing, Thailand, Singapore, Malaysia, South Korea, Switzerland, Spain, Turkey, France, Europe
China's Golden Week: expected consumption boom disappoints
  + stars: | 2023-10-09 | by ( Laura He | ) edition.cnn.com   time to read: +5 min
Hong Kong CNN —China has concluded its Golden Week holiday on a muted note, with key travel and spending data showing weaker-than-expected recovery in consumption amid a wider economic slump. Before the holiday, the ministry had expected domestic travel to hit 896 million trips, and tourism spending to reach 782.5 billion yuan ($107 billion). According to the National Immigration Administration, on average 1.48 million people crossed the border every day during the Golden Week holiday. Weakness at the box officeChina’s box office hit multi-year lows during the holiday week. A recovery in domestic consumption not related to the Golden Week also fell short of expectations.
Persons: ” Goldman Sachs, Tesla, BYD Organizations: Hong Kong CNN, Ministry of Culture, Tourism, National Immigration Administration, Shenyang North Railway, Stringer, Getty, Citi, Entertainment, Tencent, China Passenger Car Association Sunday, CNN, EV Locations: China, Hong Kong, Beijing, China's, Liaoning, AFP, Tourism
REUTERS/Florence Lo/File Photo Acquire Licensing RightsSHANGHAI, Oct 7 (Reuters) - China's inbound and outbound trips surged during the eight-day Golden Week holiday this year, official data showed on Saturday, recovering to 85% of their pre-pandemic level but lower than an earlier government estimate. That was equivalent to 85.1% of the number of average trips made in the same period in 2019, and nearly quadruple the 2022 average, the administration said. It had earlier said it expected an average of 1.58 million daily inbound and outbound passenger trips during the holiday. This compared with 830.8 yuan per trip in 2019 when the holiday was seven days long, and 680.6 yuan last year. Travellers made 826 million trips within mainland China, up 71.3% from a year ago and 4.1% higher than in 2019, according to data released by the official Xinhua news agency.
Persons: Florence, Robert Birsel Organizations: REUTERS, Rights, National, National Immigration Administration, Travellers, Xinhua, Shanghai, Thomson Locations: Beijing, China, Thailand
A Record 100,000 People in New York Homeless Shelters
  + stars: | 2023-06-28 | by ( Andy Newman | ) www.nytimes.com   time to read: +1 min
Of the 50,000 now in shelters, more than two-thirds are families with children. At the same time, the city’s nonmigrant homeless population may also be growing. When Mr. Adams took office, there were 45,000 people in the city’s main shelter system. (At least 17,000 migrants are in facilities outside the main shelter system, the city says, which include large hotels and other venues set up especially to house them.) In all, about 1 in 80 people in the nation’s largest city do not have a permanent place to live.
Persons: Anne Williams, Isom, , Adams Locations: New York City
[1/3] People and children enjoy themselves by the lakeside at a park during the Dragon Boat festival holiday, following the coronavirus disease (COVID-19) outbreak, in Beijing, China June 4, 2022. REUTERS/Tingshu Wang/File PhotoBEIJING, June 25 (Reuters) - Trips for tourism in China during last week's three-day Dragon Boat Festival climbed 32.3% from a year earlier to an estimated 106 million, 12.8% above the pre-pandemic level in 2019, the ministry of culture and tourism said. Revenue from domestic tourism trips during the Dragon Boat Festival rose 44.5% on year to 37.31 billion yuan ($5.20 billion), recovering to 94.9% of the 2019 level, the tourism ministry said. The comparison between the 2023 and 2019 figures were made "according to comparable standards", the tourism ministry said on its website, without providing details about the metrics. The Dragon Boat Festival tourism rebound is smaller than that during the five-day May Day holiday, when domestic tourism trips surged 70.8% on year and were 19.1% above those of 2019,with revenues up 128.90% on year and on par with 2019, according to tourism ministry data last month.
Persons: Tingshu Wang, Roxanne Liu, Ryan Woo, William Mallard Organizations: REUTERS, National Immigration Administration, NIA, Thomson Locations: Beijing, China, BEIJING, Hong Kong, Taiwan, Macau
Mexico nabs, swiftly deports MS-13 gang leader to El Salvador
  + stars: | 2023-04-18 | by ( ) www.reuters.com   time to read: +2 min
Jose Wilfredo Ayala, 55, was arrested after a tip from a neighbor, according to the Mexican capital's security ministry. The ministry said it had discovered Ayala - believed to be second-in-command of the gang commonly known as MS-13 - was using a false identity and hiding in Mexico City and in two areas a short drive north in Hidalgo state. An official with Mexico's national immigration institute INM told Reuters later on Tuesday that Ayala had already been deported to his native El Salvador, but did not provide further detail. El Salvador's justice and security ministry did not immediately respond to a request for comment on Ayala's capture. Reporting by Nelson Renteria in San Salvador; Additional reporting by Lizbeth Diaz in Mexico City; Writing by Brendan O'Boyle; Editing by David Alire Garcia and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
JERUSALEM, March 29 (Reuters) - Israel expects to join the U.S. Visa Waiver Programme in September, Prime Minister Benjamin Netanyahu said on Wednesday, after Israeli legislation of measures required by Washington. The embassy said on Jan. 30 that Israel met its requirement of being below the 3% non-immigrant refusal rate - a reference to the number of applicants turned away due to faulty paperwork. Before Netanyahu's announcement, his national security adviser, Tzachi Hanegbi, said on Twitter that parliament was due to ratify the last of four bills "that will advance us toward getting the U.S. visa waiver for the citizens of Israel". It was not immediately clear whether Israel met another U.S. condition for the visa waiver - free passage for Palestinian-Americans at its airports and into the occupied West Bank. Netanyahu's statement said Israel would in the coming months address outstanding requirements, which it did not detail.
China logs nearly 40 million entry-exit trips in two months
  + stars: | 2023-03-08 | by ( ) www.cnbc.com   time to read: +1 min
Passengers wait at Fuyang West Railway Station in China on Feb. 15, 2023. China logged 39.72 million entry and exit trips between Jan. 8 to March 7, according to National Immigration Administration data, showing the revival in travel after Covid-19 restrictions were dismantled. Data showed 122,000 visas and residence permits for foreigners were issued by immigration administration agencies nationwide by March 7, up 33.1% from before the policy U-turn. During the recent Lunar New Year in late January holiday trips surged in the country. The number of people entering and leaving the country hit 1.013 million on Feb. 25, exceeding one million in a single day for the first time since 2020, said the National Immigration Administration.
BEIJING, Jan 28 (Reuters) - The number of people making trips inside China over the week-long Lunar New Year holiday surged 74% from last year after authorities scrapped COVID-19 curbs that had stifled travel for three years, media reported on Saturday. An estimated 226 million domestic trips were made by all means including plane during the holiday week that ended on Friday, state broadcaster CCTV reported, citing government figures. That compares with about 130 million domestic trips during the holiday week last year, according to the transport ministry. In the last Lunar New Year holiday before the novel coronavirus emerged in late 2019 in the central city of Wuhan, some 420 million trips were made internally. During the Lunar New Year holiday in 2019, a total of 12.53 million cross-border trips were made, the Xinhua news agency reported.
According to official data, the number of COVID deaths a showed weekly decline, however. China abandoned its strict "zero COVID" policy in early December after protests against the restrictions, allowing people to travel and the virus to spread rapidly throughout the country. An estimated 226 million domestic trips were made by all means including flights during the holiday week, state broadcaster CCTV reported, citing government figures. This compares to around 130 million domestic trips during the holiday week last year, according to the transport ministry, but is still far below pre-pandemic levels: In the last Lunar New Year holiday before the novel coronavirus emerged in late 2019, some 420 million trips were made. During the Lunar New Year holiday in 2019, 12.53 million cross-border trips were made, the Xinhua news agency reported.
A total of 308 million tourism trips within China have been made during the current holiday period, up 23.1% from 2022's Lunar New Year break and marking a recovery to 88.6% of the number in 2019, data from the culture and tourism ministry showed on Friday. Revenue generated from domestic tourism during this year's holiday stands at 375.84 billion yuan ($55.41 billion), or 73.1% of that in 2019, according to the tourism ministry data. Authorities in early January ended a requirement that inbound travellers had to undergo hotel quarantine upon arrival, a policy that had crippled international travel. Despite the jump, international travel over the holiday period has yet to rebound to pre-COVID levels. During the Lunar New Year holiday in 2019, a total of 12.53 million cross-border trips were made, the official Xinhua news agency reported.
MEXICO CITY — U.S. authorities handed over a key suspect in the 2014 disappearance of 43 college students to Mexico, after the man was caught trying to cross the border Dec. 20 without proper documents. Mexico’s National Immigration Institute identified the man only by his first name, but a federal agent later confirmed Thursday that he is Alejandro Tenescalco. Tenescalco was a police supervisor in the city of Iguala, where the students from a rural teachers college were abducted by municipal police. Investigations suggest corrupt police turned the students over to a drug gang, who killed them and burned their bodies. Also, then federal Attorney General Jesús Murillo Karam has been accused of inventing the government’s original account based on torture and manipulation of evidence.
[1/3] A medical worker helps a patient receiving treatment at the emergency department of a hospital, amid the coronavirus disease (COVID-19) outbreak in Shanghai, China January 17, 2023. Travellers bustled through railway stations and subways in Beijing and Shanghai, many ferrying large wheeled suitcases and boxes stuffed with food and gifts. The infection rate in the southern city of Guangzhou, capital of China's most populous province, has now passed 85%, local health officials announced on Wednesday. Clinics in rural villages and towns are now being fitted with oxygenators, and medical vehicles have also been deployed to isolated areas. Doctors in both public and private hospitals were being actively discouraged from attributing deaths to COVID, Reuters reported on Tuesday.
Salvadoran girls found on Rio Grande at U.S.-Mexico border
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
Mexico National Immigration Institute (INM)/Handout via REUTERSMEXICO CITY, Jan 12 (Reuters) - Mexican immigration agents found three unaccompanied Salvadoran children stranded on an islet on the Rio Grande, which straddles the U.S.-Mexico border, Mexico's immigration institute said. Members of Mexico's National Guard first issued an alert for the children, according to the institute. Salvadoran consulate officials in Mexico were aware of the incident and in talks with local authorities, El Salvador's foreign ministry said. Rio Grande crossing dividing the United States and Mexico is one of the last hurdles migrants face before reaching the United States, often after arduous journeys. The three children were placed in the care of Mexico's System for the Integral Development of the Family (DIF), the immigration institute said.
In the week before President Joe Biden’s trip to El Paso, Texas, Customs and Border Protection officers, as well as El Paso city police, began arresting migrants sleeping in the streets outside a Catholic church shelter and bus station, according to new footage obtained by NBC News. Immigration advocates say the proximity of the arrests to a church shelter may violate the Department of Homeland Security’s policies. Footage obtained by NBC News shows Customs and Border Protection officers as well as El Paso city police in the streets outside a Catholic church shelter and bus station. A Border Patrol official told NBC News those arrested had not been previously apprehended by Border Patrol when they crossed over from Juarez, Mexico. Biden is expected to tout the plan, which also opens up more pathways for legal migration, in his visit to El Paso on Sunday.
With soaring numbers of people entering Mexico, a sprawling network of lawyers, fixers and middlemen has exploded in the country. Detained migrants stand in the outdoor area of the Siglo XXI Migrant Detention Center in Tapachula, Mexico, on Oct. 4. When the immigration agency was asked directly, via freedom of information requests, it said it was just one. An empanada vendor's stall advertises information, and immigration documents outside the main immigration office in Puebla, Mexico, on Sept. 23. By mid-December, the immigration agency suddenly announced the closing of the camp with no explanation.
WASHINGTON, Dec 22 (Reuters) - The population of the United States accelerated in 2022 from its slowest rate on record, driven by net international immigration, as growth began to recover from a slowdown triggered by the COVID-19 pandemic, the U.S. Census Bureau said on Thursday. That compared with net migration of more than 376,000 the previous year, signaling a potential return to pre-pandemic levels. Florida was the fastest-growing state in 2022, with an population increase of 1.9% to about 22.2 million, the Census Bureau figures showed. Eighteen states experienced a population decline in 2022, compared to 15 and the District of Columbia the prior year. Declining populations in both states reflected net migration to other states.
The number of people granted asylum in immigration courts hit a historic high this fiscal year under the Biden administration's adjustments to the asylum process, a recent data analysis shows. The TRAC report, released in late November, said the 2022 number was the largest number of individuals granted asylum in any year in the courts' history. However, the analysis also showed that grants of asylum have slowed, with 50% of cases granted asylum in June falling to 41% of cases in September. Also, those released from detention had better asylum grant rates, 54% this fiscal year, compared to those who were detained, 15% of whom were granted asylum. Just 23% of people from Ecuador, or 3,380, were granted asylum, placing the country near the bottom.
Migrants who have been bused to New York City in the thousands are finding themselves in a fruitless hunt for work while they try to build lives in the United States. It’s already been about a month, a month and a half in New York and we need to find work,” Yorvin Mateus, 24, said. Yet, with work hard to come by, the trio planned to try their luck in Chicago, another city that has been taking in migrants. The dormitory at the Randall's Island relief center in New York City on Oct. 18. Jan Rojas, a migrant from Venezuela, with his wife and four children in New York City.
The policy change shut the door on Venezuelan asylum seekers, many of whom previously were being paroled into the United States. We began to call relatives in the United States, in Chile and they us yes, it was true. We all lost the little that we had.”Some 900 Venezuelans have returned on charter flights from Panama since the U.S. policy change, according to Panama’s National Immigration Service. The U.S. policy change was driven by a surge in Venezuelans arriving at the U.S. border that put them second only to Mexicans this year. The program, which requires pre-registration online and that applicants have a sponsor in the United States, is similar to one set up for Ukrainians earlier this year.
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