We found our clients are facing a major paradox, with many countries witnessing high unemployment, while still suffering from skill shortages in key professions. This is a result of labour market inflexibility, global competition for talent and inadequate education and training.
Through an analysis of seven components, covering areas such as education levels, labour market flexibility, and high-skill wage pressures, we have been able to create a score for each country between 0 and 10.0 on the constraints and pressures being faced by its market for skilled labour.
To read the report and our conclusions on what we think governments and businesses need to be doing to encourage future economic growth, please follow this link.