Workforce
in sentence
635 examples of Workforce in a sentence
India, the only large economy whose
workforce
will grow in sufficient scale over the next three decades, may partly balance the declines expected in other major economies.
In contrast, by virtue of competing in the global market, South Korea's military dictatorship had no choice but to invest in education to improve its
workforce.
Building a global
workforce
that can drive economic growth and reduce long-term unemployment can be achieved only by equipping and empowering workers with the right skills.
This will require a substantial investment in education and
workforce
training, a focus of the most recent McKinsey report detailing the importance of skill development and connecting education to employment.
Global corporations play a crucial role not only in creating the jobs that will turn our economies around, but also in creating opportunities for people to become part of that skilled
workforce.
In practice, this means that unemployment would be addressed not by expanding the public-sector workforce, but by strengthening training via programs that reflect businesses’ real needs.
It is also streamlining supply chains, refining
workforce
schedules, and optimizing manufacturing processes.
With more millennials entering the
workforce
and demanding greater equality, the youngest employees already have a stronger voice at work than previous generations.
Current final-salary schemes are not suitable for a modern
workforce
for three reasons.
Indeed, in a future of rapid technological change and widespread automation, the determining factor – or crippling limit – to innovation, competiveness, and growth is less likely to be the availability of capital than the existence of a skilled
workforce.
Their view of the overall impact on employment levels in their industries was for the most part positive – provided that new
workforce
skills can be developed rapidly in their own sectors and in the labor market more broadly.
Moreover, with education increasingly becoming a lifelong pursuit, businesses must rethink their role in providing for a competitive
workforce.
Given rapid change in the skill sets required for many occupations, business must redirect investment to on-the-job training and lifelong learning, particularly as millennials enter the workforce, seeking purpose and diversity of experience where their predecessors sought remuneration and stability.
Policymakers must use stronger metrics to assess human capital and reexamine investment in education, curriculum design, hiring and firing practices, women’s integration into the workforce, retirement policies, immigration legislation, and welfare policies.
Today, for example, women make up nearly half of the agricultural
workforce
in Sub-Saharan Africa.
The caliber of Finland’s infrastructure, workforce, and domestic networks overrode the concerns of Rovio’s Finnish founders about their country’s high costs and inconvenient location, so they decided to start their new business at home.
Moreover, current projections show that around 400 million children are not on track to complete their primary education, and that more than 800 million – half the world’s schoolchildren – will enter adulthood without any recognizable qualifications for the modern
workforce.
A fertility rate of 1.4 and near-zero immigration mean that Japan’s
workforce
could shrink by 28% over the next 50 years, making health care for the elderly unaffordable and dramatically increasing the fiscal deficit, which is already running at 4% of GDP.
In discussing Australia’s economic prospects, Carr emphasized the importance of education, and of fostering a “smart, innovative, productive, and capable”
workforce.
On average the share of state employment in the
workforce
across Scandinavia is 32.7%, compared to only 18.5% on average in the non-Scandinavian countries of the EU-15.
In Germany, Europe’s largest economy, the government’s share of the
workforce
is only 12.2%.
Nevertheless, it might be better to let the market decide what kinds of products the low-skilled and less motivated part of the
workforce
should and could reasonably produce, which speaks for the American way of subsidizing wages.
Over the last three decades, significant gains in
workforce
size and quality helped Asia to become a hub of global supply chains – and thus to sustain rapid progress toward advanced-economy income levels and living standards.
First, she has been both a forceful voice for the introduction of more women into the
workforce
and an exemplar of the value of having women in leadership positions.
In fact, the GCC benefits from a double expat dividend: not just a diverse consumer base on the demand side, but also a flexible, youthful
workforce
on the supply side.
India's demographics are considerably better than China's, and the size and growth rate of a country's
workforce
is one of the two key factors that drive long-term economic performance – the other being productivity.
Between now and 2030, the growth rate of India's
workforce
will add as much to the existing stock of labor as continental Europe's four largest economies put together.
For example, in Atlanta, Mayor Kasim Reed has launched a partnership between a local startup incubator, the city’s
workforce
development agency, and a coding school to provide young people with mentorship networks, through which they can develop financial literacy and critical thinking skills, while also learning how to write code.
Such rates make it impossible to increase per capita capital stock or
workforce
skills fast enough to achieve economic catch-up, or to create jobs fast enough to prevent chronic underemployment.
And given that over 75% of the health
workforce
worldwide is female, it also often determines who will care for you when you are sick.
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