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Study: People Piling Out of U.S. to Western Europe
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Unigroup Worldwide UTS President Brian Iles weighs in on migration trends.
- Duration 3:37
- Date Jan 18, 2012
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Unigroup Worldwide UTS President Brian Iles weighs in on migration trends.
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All right people are behind them if they're going global -- and -- group worldwide parent company of United Van Lines and mayflower transit.
Just released its global migration study -- -- for you first on Fox Business joining me now is Brian -- president of -- group.
Worldwide PCS front love seeing great to have you thank you are.
So the findings people are leaving the US and piling into Germany number -- and UK number two but you say that's basically been a trend here for the last couple of years but -- -- serious now.
We expect that to change given the economic problems in this debt crisis -- following in Europe.
I think what's interesting about the international migration study.
Is apart from the individual year -- -- statistics as you can look back -- the UK and Germany NC.
In general Western Europe has always been a destination for American corporations and employees.
And what's interesting is the increase in the percentage and people have moved to Asia threat -- China Singapore Japan Hong Kong -- what about.
The tense relations with the talking to -- China in particular get people the inflows and outflows are virtually.
I mean they're climbing people wounded trying to Chinese people move into the US so -- you to -- cuts have.
Fortunately for business the political climate doesn't really pay a whole lot of attention or doesn't have a whole impact in terms of what we do we see more American companies.
Moving into Asia specifically China not just to produce and -- ship things back to the states but to produce and sell locally.
So as long as the China economy continues to grow.
Then there's always going to be a demand it looks like a growing demand for people.
So for Americans when you hearing in terms of the quality of life in China in East Asia.
Job creation opportunity there except -- -- I think -- a life is gotten better it's improved it's different definitely but I think the people.
That move overseas are kind of a unique breed to Begin with they they expect change they they appreciate the -- to go and see a new culture and learn and infineon.
In fact that was interesting is up there on the list people are moving to -- -- Touch people are coming here when he would need it -- it to me -- for.
Again I think it's in general the Western European.
A migration between you know continental also has been out there with the UK in terms always always been Switzerland the Netherlands Germany UK Belgium France -- the Western European countries have always been strong.
So I thought this is interesting because -- -- Forbes magazine test similar tracking and according to Forbes the UK is ranked ninth ranked excuse me -- for doing business.
Followed by the US -- ten Canada New Zealand and Hong Kong so there's or eastern Asia.
Number three out any any kind of conflicts in your research vs -- know.
Not allow that again I think you've with the Forbes may be just a little bit different of -- study what will we look at is where people move to and it makes sense that people would like mines would move to.
Our earlier this month you released a study on domestic.
Migration patterns and you found that he northeast exceeds now the Great Lakes region here in the United States for -- -- -- migration.
-- for the first time in many years that we've done the domestic.
Migration study for 35 years since 1977.
And for the last 101215.
Years to Great Lakes is always been the area.
Where people move from -- is surprising this year to see that that's been supplanted.
By the northeast new York New Jersey Connecticut places.
-- just bad weather.
I expect if I wish it was that simple thing and and -- -- just flocking to Washington DC is here as Alaska and I think a lot of it has to do with you know what it is we do we move.
Corporations we've moved from from the fortune 50400 companies employees.
A lot of private individuals but also -- government people so it's not surprising that with the government mix of the business that DC is there.
I inbound area Ryan asked thanks for sharing if I -- -- thank you.