March 2012—With 40 million people in advanced economies out of work, there is more to the employment problem than the effects of a cyclical downturn. Long-range forces are changing the nature of work and how jobs will be created. The current disequilibrium in many national labor markets will not be solved solely with measures that worked well in decades past.more
May 2012—MGI analyzes the performance of mature economies’ tradable sectors. We found that reality is often at odds with conventional wisdom.more
March 2012—James Manyika speaks with Professor Peter Diamond, nobel prize winner in economics and an Institute Professor and a professor of economics emeritus at the Massachusetts Institute of Technology, about long-term employment challenges in the United States and how to address them.more
July 2011—Europe is growing again, but the recovery is uneven and under threat from the continuing eurozone debt crisis. Europe has significant strengths on which to build but needs to address profound long-term challenges that could limit its future growth.more
October 2010—With multiple pressures on growth and constrained public finances, Europe needs structural reform even to match past GDP growth rates. Parts of Europe have begun to reform with demonstrable success. more
February 2010—With unemployment hovering just below 10 percent, job creation is now priority number one in Washington. But America’s jobs challenge is a marathon, not a sprint.more
June 2009—Global economic integration and technological advances have combined to produce permanent changes in the skill levels required to flourish in the US labor market.more
April 2007—The country has already attracted the attention of multinational companies; now it must address its shortcomings to reach its offshoring potential.more
March 2007—To take advantage of the growing global market for offshored services, the country must do more to improve the suitability of its workforce.more
March 2007—Brazil must address labor shortcomings and other issues if it hopes to capitalize on its considerable potential as an offshoring destinationmore
December 2005—Fewer US jobs can be performed remotely than is commonly presumed. Rather than trying to stop globalization, the goal must be to facilitate and ease the changes it brings.more
James Manyika speaks with Professor Peter Diamond, a nobel prize winner in economics, about long-term employment challenges in the United States and how to address them.more
James Manyika and other McKinsey experts discuss the underlying causes of the jobs crisis and some of the ways business and government can cooperate to create the millions of jobs that are needed.more
McKinsey Quarterly—The CEO of a global staffing firm and a Nobel laureate economist discuss the changing face of US employment and the obstacles to job creation.more
The number of new jobs created in the EU-15 countries between 1995 and 2008—more than the United Statesmore