In Greece and South Africa, more than half of young adults are out of work. In much of the Middle East, the figure is 25 p.ercent; in the United States, it’s about one in six. Yet at the same time, businesses complain that they can’t find enough workers. What’s going on? Continue reading
“Around the world, governments and businesses face a conundrum: high levels of youth unemployment and a shortage of job seekers with critical skills” writes Mona Mourshed, Diana Farrell, and Dominic Barton in a McKinsey in Its report Education to Employment Designing a system that works. (Adapted choosen excerpts by Job Market Monitor to follow) How can a country successfully move … Continue reading
High-tech companies face a shortfall of some 40m skilled workers by 2020, with businesses based in China likely to be among the worst hit, according to a study by the McKinsey Global Institute. The institute – a research arm of the McKinsey strategy consultancy – says that manufacturing will be the sector of the global … Continue reading