BUT AT LEAST THEY CAN TURN TO...NOTHING...FOR CONSOLATION:

The Incredible Shrinking Continent: Europe is on track to lose 52 million workers between now and 2050—unless it begins embracing immigrants fast. (Stefan Theil, 2/19/10, NEWSWEEK )

The continent is heading for serious long-term economic trouble unless it learns to manage immigration intelligently. Deaths are expected to outnumber births this year in 10 of the European Union's 27 member states. As of 2015 the EU as a whole will experience negative natural population growth, demographers say, and the gap will grow to 1 million excess deaths a year by 2035. By 2050 the EU will have 52 million fewer people of working age, the European Commission warns. Businesses across Europe are already facing severe shortages of engineers, technicians, craftspeople, and other skilled professionals, with 4 million unfilled jobs across the continent. "Every one of our clients in Europe has positions they can't fill because of continentwide shortages," says Barbara Beck, European head of the employment service Manpower. And the problem will only worsen as the job market recovers.

The trouble isn't a shortage of immigrants. The European Union has attracted 26 million migrants in the past two decades—a full 30 percent more than America's 20 million over the same span. But most European countries tried to protect homegrown labor by shutting out foreign workers. The efforts mostly backfired, encouraging a massive influx of illegal aliens, who tend to accept rock-bottom wages and benefits because they have no legal recourse. At the same time, Europe's generous social benefits encouraged a massive surge of "welfare tourism." As a result, Europe has ended up with 85 percent of all unskilled migrants to the developed countries but only 5 percent of the highly skilled. Compare that with the United States, which has honed its innovative edge by attracting 55 percent of the world's educated migrants. And because immigration happens largely via networks, with established immigrants paving the way for their peers, such trends tend to endure. "It therefore takes decades to turn immigration policy around," says Thomas Liebig, a migration specialist at the Organization for Economic Cooperation and Development (OECD).

For decades most European countries have consigned immigrants to the margins: in Germany, some professions were restricted to German citizens well into the 1990s, while eligibility for citizenship itself was based on bloodlines until a landmark reform in 2001. Millions of refugees were legally barred from working, which forced them into squalid welfare dependency. Muslims especially remain unintegrated and ghettoized in many European countries, including France, Britain, and the Netherlands. Now many European countries have tabled important policy reforms such as the drafting of a continentwide asylum policy and the formulation of smarter immigration criteria based on education and skills. Others, like Spain and the Czech Re-public, are actually paying migrants to go away. The danger is that Europe's worsening hostility toward foreigners will halt or even reverse efforts to assimilate those who are already there, spawning a fast--growing, permanent underclass. According to the OECD, immigrants have been losing jobs at almost twice the rate of native-born citizens during the current crisis, and in many countries the socioeconomic gap between immigrants and natives has begun to grow again.

All this comes at a critical moment for the global economy. Economists predict that global GDP will double in the next 20 years, and as many as 1 billion new, skilled jobs will be created. To avoid being left behind, Europe will need to upgrade its workforce to compete in knowledge-intensive sectors. It can't afford to neglect the education of its immigrant populations or to give up competing for its share of the global talent pool. If it makes the wrong choice, Europe will become smaller, poorer, and angrier.