The Business Times
business-time-50
SUBSCRIBERS

India seen emerging as winner from Asia's shrinking labour force

It will account for 18.8% of global work force by 2050, toppling China from top spot

google-preferred-sourceAdd BT as a preferred source
Published Mon, Nov 9, 2015 · 09:50 PM

    Mumbai

    ASIA's work force is set to shrink over coming decades with India overtaking economic rival China as the region's biggest source of workers.

    By 2050, the Asia-Pacific region will have nearly 50 per cent of the world's total work force, down from 62 per cent today, according to Bloomberg analysis of United Nations data.

    TRENDING NOW

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    The High Court said UOB has taken inconsistent legal positions on late payment charges in mortgage cases.

    High Court raps UOB over inconsistent legal positions on late mortgage payment charges

    Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

    ‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

    Huawei unveiled on Monday a new principle for improving chips, noting the industry can no longer rely mainly on making transistors smaller.

    China’s Huawei reveals chip design breakthrough amid US sanctions

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More