Signal A third of educated immigrants overqualified; 73% in Korea

Summary

In OECD countries, about one in three highly educated immigrants holds a job below their level of qualification. The rate reaches 73% in Korea and 57% in Canada. EY sets this against a projected global shortfall of 11 million health workers by 2030, while thousands of foreign-trained health professionals cannot practise because recognising their credentials takes months or years. It argues that these are not mismatches in skills but failures in the systems that should validate them. Recognition frameworks, once in place, are presented as a lasting way to unlock underused talent.