Many blame past Covid restrictions but they all know it’s due to the declining younger population due to declining fertility rates.
They are all now competing for more skilled immigrants:
As economies reopen and find growth still stuttering, nations including the UK, the United Arab Emirates, Germany and Thailand are seeking out top achievers to power their recovery by providing easier access
.“In the competition for talent, we’re in a very, very hyped-up mode,” Tan told a panel of Bloomberg editors and reporters separately. “There’s hyper competition, and we are very careful about what we reveal, because we’re not going after the numbers. We’re going after really the quality — it’s not the quantity.”
Source: Singapore Hunts for Global ‘Rainmakers’ With New Expat Visa