MCBASSI & COMPANY

High unemployment masks skill shortages

A new report on talent mobility from the World Economic Forum notes that today’s high worldwide unemployment rates mask longer-term global skill shortages.

For example, barring economic breakthroughs, the United States would need to add 26 million workers to the labor force by 2030 to sustain the economic growth of the last two decades, with shortages of highly skilled workers representing the most significant challenges.

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