MIKE DOLAN: What does growing global worker shortage

MIKE DOLAN: What does growing global worker shortage

2022-01-19 06:27:00 PM

MIKE DOLAN: What does growing global worker shortage

By spotlighting the effect of worker shortages, the Covid-19 pandemic focuses investors and markets on problems now

Demographic trends can be glacial, but no less crushing and even the slightest acceleration is alarming.China’s acute problem is peculiarly home-grown of course and the abandonment of its decades-old “one-child policy” in 2016 has done little to stall the demographic juggernaut yet.

Like so many other economic statistics, Covid-19 may have distorted these relatively slow-moving trends only temporarily.Citing data from a variety of sources from the World Bank, UN to the Organisation for Economic Co-operation and Development (OECD), the bank showed that fertility in 75 countries was already well below the 2.1 so-called “replacement rate” and would be less than 2 globally by the end of the century.

Read more: Business Day »

Total employment increases by 42,000 jobs

According to the latest statistics, South Africa's total employment increased on both a quarterly and annual basis. Read more >>

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MIKE DOLAN: What does growing global worker shortageBy spotlighting the effect of worker shortages, the Covid-19 pandemic focuses investors and markets on problems now

MIKE DOLAN: What does growing global worker shortageBy spotlighting the effect of worker shortages, the Covid-19 pandemic focuses investors and markets on problems now

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