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June 2012—Strains on the global labor force are becoming painfully evident. Market forces will fail to resolve demand and supply imbalances for tens of millions of skilled and unskilled workers.more
December 2012—The manufacturer’s chief talks with McKinsey director Katy George about skills, costs, and the supply-chain challenges of transforming production in an age of emerging-market growth.more
December 2012—Private investment was the hardest-hit component of Europe’s GDP between 2007 and 2011—but it can also be a major driver of the region’s recovery. more
May 2012—Unemployment is rising. Unless it comes down, France won’t be able to sustain its beleaguered social safety net.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—Long-range forces are changing the nature of work and how jobs will be created. The disequilibrium in many national labor markets won't be solved by measures that worked well in decades past.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
June 2011—To regain full employment—finding work for the currently unemployed and accommodating 15 million entrants into the labor force this decade—the US economy will need to create 21 million jobs by 2020.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
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
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
The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey, was established in 1990 to develop a deeper understanding of the evolving global economy. Our goal is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions.