Asia Pacific to face labour shortage of 12.3 mn workers by 2020: Study

Globally, an average of 42 per cent of the core skills required to perform a job will change between 2018 and 2022, the report finds

Business Standard 

The business needs and the technology landscape in the world are changing rapidly, and so are also the requirement of the skillsets to help organisations manage these complexities. The Asia Pacific (APAC) region, including India, China, Australia, Japan and Singapore and a few others, has been a large and steady supplier of skilled workforce as the region exports more talent than it imports.

However, the region is also expected to face a huge talent crunch of individuals trained in newer technologies and business skills, finds a LinkedIn report on “Future of Skills 2019”. It is ...

Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked.

Total Amount
Rs. 149.00
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information
First Published: Thu, June 27 2019. 01:15 IST