Tag Archives: McKinsey

Report: China and India in McKinsey Labor Report

By Joshua Gill Jul. 20 – A June 2012 report from the McKinsey Global Institute entitled “The World at Work: Jobs, Pay, and Skills for 3.5 Billion People” details the dramatic long-term shifts in the demographics and occupations of people in the world and forecasts trends set to take place over the next 20 years. For short-term predictions, it summarizes its findings in three points that it predicts will be present in 2020: A potential shortage of about 38 million to 40 million high-skill workers A potential surplus of 90 million to 95 million low-skill workers around the world A … Continue reading

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