across the United States by $ 3,400 each year . Fortunately , change is in the air and major infrastructure investment is back on the political agenda . The problem ? There are not enough skilled people to meet demand . Whilst the WPA was created in part to soak up excess labour in the workforce , modern programs are hampered by the lack of it .
All over the world , the skillsets required in the labour market are having to adapt to technology transformation . As the US struggles to keep up with this demand , developments are more positive around the world with governments and educational organisations focussing on better preparing the workforce . Across the Middle East , Europe , Asia Pacific and parts of the Americas , employers are beginning to find it easier to find the right talent , but additionally it has been shown that particularly in Europe , contract , freelance and temporary work are all on the rise . This could point to a workforce adapting to fit their existing skillsets around changing demand .
Globally , economic migration is on the up , with migrant workers increasingly of a more educated caliber . While migration can help to plug skills gaps across the world , as there is a bigger pool of talent to choose from for a country ’ s particularly profitable industries , in many cases restrictions on migration are set to increase , particularly in the UK and US . In addition , wage growth across the EME market has been slow and as such it can be easier to hire new employees than in other regions , like Asia and the US .
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