Even in some of the richer parts of the world, recent progress has been annihilated by COVID. New work trends (such as ‘quiet quitting’, and younger generations’ increased attraction towards gigs and part-time jobs) are calling for new ways to grow, attract and retain talent. The K-shaped recovery (forecasted last year) has taken new potency in 2022 due to disrupted supply chains and a return of nationalistic and protectionist policies. Limitations to the circulation of goods, services and people may increase, with significant impact on labour markets.Įven in higher-income economies, labour markets may become more fragmented, and hence generate new types of inequalities. COVID persists in our lives while international tensions and inflation have increased to startling levels. Recent and current crises could have a negative and sometimes irreversible impact on the talent situation of poorer economies.
China continues its climb, moving up one spot this year, its new record position through excellent performance in several pillars. Denmark outpaces the US and enters the Top 3. Despite continuing imbalances, the global talent competitiveness scene remains dynamic, and carries encouraging signs.
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