According to the new Korn Ferry study which includes a sweeping country-by-country analysis, it was revealed that by 2030, more than 85 million jobs could go unfilled because there aren’t enough skilled people to take them.

The study reveals that by 2030, there will be a global human talent shortage of more than 85 million people, and if left unchecked, talent shortage could result in about $8.5 trillion in unrealized annual revenues by 2030.

Recently, the Lancet Global Health highlighted that “health care has a dangerous shortage of workers and that that the response to this danger lacks the warranted urgency and scale.”

In 2016, the Global Strategy on Human Resources for Health: Workforce 2030 projected that there will be a global shortage of 18 million health workers by 2030.

Following the post-Covid 19 pandemic, a re-assessment of the health workforce stock reveals that we have a total global workforce stock of 65.1 million health workers – with 29.1 million nurses, 12.7 million medical doctors, 3.7 million pharmacists, 2.5 million dentists, 2.2 million midwives and 14.9 million additional occupations.

However, despite a projected health workforce size of 84 million by 2030, we will still have a global health workforce shortage of 10 million health workers by 2030. That’s still a huge deficit to fill.

So whether we like it or not, more developed counties will still need more immigrants workers to help strengthen their workforces. As we all grapple with recovery phase of the post-Covid era, the number of immigrants who need support as they newly arrive their destination countries is shooting up astronomically.

At JapaDemy, we strongly believe that international migration is a powerful tool for Sustainable Development, and if strategically managed and well optimized, can drive massive socio-economic growth both for countries of origin and destination.