The Futureof work

A global talent crunch – looming skilled labor shortages affecting both developed and developing economies — could ultimately shift the global balance of economic power by 2030 if left unaddressed.

About the campaign

The Futureof work

A global talent crunch – looming skilled labor shortages affecting both developed and developing economies — could ultimately shift the global balance of economic power by 2030 if left unaddressed.

About the campaign

TheGlobalTalentCrunch

The Global Talent Crunch

This study estimates the impending talent crunch by modeling the gap between future labor supply and demand. We uncover the extent of the talent shortfall in 20 major economies at three milestones: 2020, 2025, and 2030. The model focuses on three knowledge-intensive sectors within each market that act as critical drivers of global economic growth: financial and business services; technology, media, and telecommunications (TMT); and manufacturing, and also examines the remainder of each economy. Using level of education as a commonly accepted proxy for skills, and taking into account forecast productivity gains, the study uses available data to forecast shortages for highly skilled, mid-skilled, and low-skilled workers to reveal an imminent talent crunch.

About the study

The last word

Leaders need a deep understanding of talent marketplace economics to put the right planning and core proposition in place to ensure they have the skills their workplace needs.

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IntroductionThe Talent Crunch

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Country reports

The talent crunch will affect different countries in different ways. Some nations could lose their status as tech giants, finance centers or manufacturing hubs. Some countries could become the new leaders in key sectors of the global economy.

Understand how the talent crunch will impact 20 separate economies by 2030 if left unchecked.

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