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Borderless Europe fights brain drain as talent heads north
(www.reuters.com)
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this post was submitted on 14 Nov 2024
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I find it interesting compared to the USA.
The USA has migration from richer parts of the country to select poorer parts because the lower cost of living makes up for the lower wages. There are also states that built themselves in part on the back of being a low cost of living place to retire.
Why isn't Europe there yet?
I doubt we will get there. It's not the same situation. You don't only get more money and stability, you also get services and better quality of life overall. Imagine you live in italy: pay a lot of taxes and have broken roads, trash everywhere, public transportation with high record absenteism so basically working half the time but for some reasons record high number of politicians and their salary is also record high. Meanwhile if you want to do research/teach you get the lowest wages in the EU, you look for jobs and everyone wants to hire you off the books, government keeps cutting healtcare/pensions... Especially if you learned another language you yend to run as far away from here, you may get up to 5 times your salary in italy and do what you actually wanna work on, and live better too. You may have to pay more taxes, but you'll be able to afford it and get something in return too. Funny enough you could even have vacations in your own country since you'll now be able to afford it lol