Asia’s Worker Deficit: In case there was any doubt, Evansville, Indiana-based
moving company Atlas World Group has provided data that shows the Asia-Pacific
region is a booming market for multinational firms. At the same time, it is
experiencing many of the same workforce shortages that are found in the U.S.
About 33 percent of such companies transferred more expatriate and other workers
overseas last year than in 2005, with nearly 30 percent bound for countries in
or near the Pacific Rim. According to Atlas’ annual corporate relocation survey,
“the number of companies listing the booming Asia-Pacific region as their most
frequent international destination has risen nearly 15 percent” during the past
decade. No matter where they go, however, companies face a universal problem:
finding qualified workers. About 52 percent expect this to be a major headache
in 2007, compared with only 16 percent in 1987.
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