🇪🇺📈👷‍♂️ ECB: Foreign Workers Drive Eurozone Growth, Help Offset Ageing Labor Market 🔹 Summary: A European Central Bank study revealed that foreign workers accounted for half of the eurozone’s labor force growth since the pandemic, playing a key role in offsetting demographic decline and filling labor shortages. The ECB emphasized that rising education levels among foreign workers are enhancing their contributions, even as anti-immigration political sentiment rises across Europe. 🔹 Key Points: • Foreign workers have significantly boosted eurozone labor supply over the past three years. • They are increasingly entering higher-skilled roles thanks to improved education levels. • Germany and Spain saw the largest foreign labor contributions; France and the Netherlands showed moderate impact. • Italy relied more on mobilizing domestic labor due to low labor participation rates. • ECB warns that restricting immigration could worsen demographic and growth pressures. @CMEActiveTrader Tickers Of Interest: $ES $NQ Tickers Of Interest: $EUR $USD $DXY $SPY $QQQ $VGK $FEZ $EWI $EWG $EWQ $EWN $EWP $EFA $FXE