From AI to Geopolitics: ManpowerGroup Talent Solutions' Latest Total Workforce Index™ Unveils the New Global Talent Landscape
The TWI, which evaluates over 200 factors across 64 global labor markets, has introduced new measures for artificial intelligence (AI), sustainability, peace, and stability, significantly impacting this year's rankings. While
"Cost and ease of doing business once drove workforce planning. While those factors are still important, economic, geopolitical, and climate-related risks have significantly impacted business operations and decision-making. At the same time, technological disruption and emerging innovations are not just changing job roles – they're transforming entire industries and the future of work," said
Conversely,
KEY FINDINGS
- The top three overall markets —
the United States ,Singapore andCanada , respectively — maintain their leading positions for the fourth consecutive year due to the availability of highly skilled workers, employment-friendly regulations, remote-ready infrastructures, innovation and technology investments, and overall political and economic stability. - The introduction of AI readiness and green economy measures significantly impacted rankings, particularly in the Productivity category.
Canada , theUnited Kingdom , andAustria have seen notable improvements in their overall standing due to strong performance in these areas. - Driven by population growth, a large tech workforce, and innovation factors,
China enters the top ten for the first time, following a steady ascent from 55 in 2020 to 11 last year. Also entering the top ten is theUnited Arab Emirates , boosted by high tertiary education rates, remote work readiness, and ongoing innovation investments. The United States ,Australia ,Israel , theUnited Kingdom , andSingapore rank as the top five markets for Availability, with factors including skilled workforce availability, labor force participation, and remote work capabilities.Thailand ,Malaysia ,Paraguay ,Guatemala , andBahrain emerge as the top five markets for Cost Efficiency, offering competitive advantages in taxes, wages, and living costs. This marks the third consecutive yearThailand has led this category.Singapore tops the Regulation category, withSwitzerland ,Canada ,UK , andEstonia following. These markets excel in flexible workforce engagement and minimal employment restrictions.- For Productivity, the U.S. leads, followed by
Singapore ,Canada ,Thailand , andAustralia . This ranking reflects potential output based on compensable hours at base pay.
REGIONAL HIGHLIGHTS
The United States retains its top position globally, excelling in Availability and Productivity categories.Canada remains third overall, with significant improvements in Productivity rankings due to strong performance in AI readiness and green economy measures.Paraguay andGuatemala both excel in the Cost Efficiency category, offering competitive advantages for businesses looking to optimize expenses.
Singapore maintains its second place ranking globally, showcasing its continued strength in workforce competitiveness.Malaysia holds steady at fourth place, highlighting its appeal for businesses seeking a balance of skilled talent and cost efficiency.Thailand leads in Cost Efficiency for the third consecutive year, making it an attractive destination for companies prioritizing operational costs.
Ireland climbs to fifth place, showcasing its appeal as a destination for high-skill, high-tech industries.- The
United Kingdom moves up to sixth place overall, benefiting from strong performances in innovation, security, and sustainability scores. Bahrain emerges as a top performer in Cost Efficiency, offering attractive options for businesses looking to optimize their workforce costs in theMiddle East .
As the global workforce landscape continues to evolve, the TWI remains a vital tool for organizations navigating these changes. For comprehensive rankings and insights into the most favorable markets for conducting business in today's dynamic global environment or to request a customized report, visit www.mpgtalentsolutions.com/twi.
ABOUT THE TOTAL WORKFORCE INDEX™
The Total Workforce Index™ (TWI) is the only tool of its kind to assess the relative ease of sourcing, hiring and retaining both contingent and permanent workforce skills in competing labor markets around the world. Now in its 11th year, TWI scores each market on more than 200 unique factors. Each of these statistical factors is carefully weighted and grouped under one of four categories: Availability, Cost Efficiency, Regulation, and Productivity.
The markets that rank highest in the TWI are those with the highest relative performance across all four categories. Markets that perform well have successfully responded to trends, such as remote workforce readiness, building technology infrastructure and closing skills gaps. They have demonstrated market and geopolitical stability, have relatively high gender participation and are skilling emerging workforces to meet changing demographic realities. High-ranking markets also exhibit favorable regulatory environments.
ABOUT MANPOWERGROUP TALENT SOLUTIONS
Talent Solutions combines our leading global offerings RPO, TAPFIN-MSP, and Right Management to help organizations address their complex workforce needs. Talent Solutions leverages our deep industry expertise and understanding of what talent wants to provide end-to-end, data-driven capabilities across the talent lifecycle. From talent attraction and acquisition to upskilling, development, and retention, we provide seamless delivery, leveraging best-in-breed technology, and extensive workforce insights across multiple countries at scale. Talent Solutions is part of the ManpowerGroup® family of brands, which also includes Manpower and Experis.
For more information, visit www.mpgtalentsolutions.com, or follow us on LinkedIn and X.
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MEDIA CONTACT: John Julitz, +1 (414) 502-9314, john.julitz@manpowergroup.com