Giant talent shortage to emerge by 2030

A massive talent shortage will hit in about a decade, leaving the world short of 85 million skilled workers and having a financial impact of as much as $8.5 trillion in unrealized annual revenue, according to a report by Korn Ferry, Man Bites Dog and Oxford Analytica. The report forecasts a labor deficit of 3% of the workforce in 2020 and 11% by 2030.

The ever-widening gap between employers’ needs and workers’ skills could drive massive lost financial opportunities over the next decade-plus.

David McCann

http://ww2.cfo.com/people/2018/05/think-theres-a-talent-shortage-now-just-wait/