Japan’s workforce will be 20% smaller by 2040

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content As many as 12 million Japanese people may disappear from the country’s workforce by 2040, according to official estimates. That’s a fall of around 20%. Japan’s shrinking working-age population is a demographic timebomb. […]

ILO: Unemployment to increase by 8.1 million in 2013-2014

An International Labour Office (ILO) report published today entitled “Global Employment Trends 2013: Recovering from a second jobs dip”, estimates that unemployment in all 185 member states of the organisation, will rise again this year by 5.1 million and by another 3 million in 2014. The ILO is the international organization responsible for drawing up […]