ManpowerGroup(US:MAN) Prnewswire·2024-09-12 12:01Core Insights - The 11th annual Total Workforce Index™ (TWI) reveals a competitive global talent landscape influenced by technological advancements, geopolitical changes, and sustainability focus [1][2] - The United States, Singapore, and Canada maintain the top three positions for the fourth consecutive year, while China enters the top ten for the first time [3][5] Rankings Overview - The TWI evaluates over 200 factors across 64 global labor markets, introducing new measures for AI, sustainability, peace, and stability [2][5] - Malaysia remains in fourth place, with Ireland and the UK moving up to fifth and sixth, respectively [3] - The United Arab Emirates rises to seventh place, while Switzerland and Australia rank eighth and ninth, respectively [3] Key Findings - The top three markets excel due to skilled workforce availability, employment-friendly regulations, and political stability [5] - China has improved its ranking from 55th in 2020 to 11th last year, now entering the top ten [5] - The United States leads in Availability and Productivity categories, while Thailand tops the Cost Efficiency category for the third consecutive year [5][6] Regional Highlights - In the Americas, the United States excels in Availability and Productivity, with Canada improving in Productivity due to AI readiness [6] - In the Asia-Pacific region, Singapore maintains its second place, and Malaysia holds steady at fourth [7] - In the EMEA region, Ireland and the UK show strong performances, with Bahrain emerging as a top performer in Cost Efficiency [8] TWI Methodology - The TWI assesses the ease of sourcing, hiring, and retaining workforce skills, scoring markets on over 200 unique factors grouped into four categories: Availability, Cost Efficiency, Regulation, and Productivity [10][11]