Middle-aged group of workers in Asia

Closing Asia’s Emerging Skills Gap

Over the last three decades, significant gains in workforce size and quality helped Asia to sustain rapid progress toward advanced-economy income levels and living standards. But with workers increasingly unable to meet the demands of the labor market, the region's remarkable success could be derailed.

SEOUL – Asia is facing a human-capital challenge. 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. But with workers increasingly unable to meet the demands of the labor market, the region’s remarkable development success could be derailed.

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