The next global economic crisis might not result from a pandemic or conflict, but the lack of qualified employees across various sectors. In many geographies, more people are exiting the workforce than entering it, leaving a gap in the talent pool that creates challenges for companies trying to fill these roles.
The workforce is changing because the global population is aging rapidly, and we don't have the labor pool to fill open jobs. According to the United Nations, about 16% of the world's population could be over 65 by 2050.
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