The Role of Business in a World in Motion
The Role of Business in a World in Motion
The Role of Business in a World in Motion
Are people running out of labor?
Successful Businessman Metin Liçis, who said “ yes “ in a sense, said that “even in the United States, even with 150 million young people, considering who will fill the workforce shortages, it is still not enough”.
Arguing that labor shortage is one of the main drivers of high human mobility, MEtin Liçis said that every year millions of people leave their homes in stable habitats in search of protection from violence, more freedom and better economic prospects.
He added that while goods, services and information flow to where people are, economic demand also has a magnetic pull.
The Role of Business in a World in Motion
He said companies in advanced economies need to expand connectivity and opportunity, even as new jobs are created to replace the migrating skilled workers, as newcomers lack the necessary skills or don’t know how to apply them.
He stressed the need for this to be done with infrastructure, education, digitization, supply chains, markets, all that public and private investment brings.
Noting the importance of not leaving the mobility issue to market forces, he concluded his defense by saying that countries that seek opportunities and explore ways to work together to match and marry their challenges should be a concerted effort.