The talent markets most global businesses rely on are shrinking. One continent is doing the opposite. Here is what forward-thinking workforce leaders are doing about it.
Europe is projected to have 50 million fewer working-age people by 2035. The United States faces a deficit of 8.5 million workers by 2030. Meanwhile, Africa’s working-age population is on track to reach 1.56 billion by 2050, according to the OECD. The continent’s median age is under 20. Europe’s is 42.
This is not a future trend. The gap is opening now.