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You are here: Home / Statistics / The Future of Work: A Global Talent Crunch

October 24, 2022 By admin

The Future of Work: A Global Talent Crunch

Korn Ferry’s “Future of Work: The Global Talent Crunch” study finds that by 2030, there will be a global human talent shortage of more than 85 million people. The biggest issue isn’t that robots are taking all the jobs—there aren’t enough humans to take them. The talent shortage may be hard to see now, with daily headlines about how robots and artificial intelligence are making their way into a growing number of industries.  But by 2030, Russia could have a shortage of up to 6 million people, and China could be facing a shortage twice as large.  The United States could also face a deficit of more than 6 million workers, and it’s worse in Japan, Indonesia, and Brazil, each of which could have shortages of up to 18 million skilled workers.

What are you doing in your organization to deal with this talent shortage?

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