1、Click here or press enter for the accessibility optimised versionWorkforce TrendsReport2025|Issue1Click here or press enter for the accessibility optimised versionIntroductionThe global workforce is continuouslyevolving as its shaped by dynamiceconomic,social and technological factors.In this issue
2、of the Workforce Trends Report,wedeep dive into three pivotal trends that areredefining the labor market and consider theimpact these trends will have on the current andfuture workforce.First,we examine thedecline in the male laborforce participation rate,exploring the underlyingcauses and potential
3、 long-term implications foreconomies worldwide.Second,we identifytheworlds next manufacturing hub,analyzing thefactors that are driving this shift and its impact onglobal supply chains.Last,we investigatehowremote work and labor strikes havecontributed to wage equalization across theglobe,breaking d
4、own the barriers of geographyand creating more equitable opportunities forworkers everywhere.Together,these trends offer a comprehensive viewof the current and future state of the workforce,providing valuable insights for policymakers,business leaders and workers alike.The Decline of the Male Employ
5、ment RateWhat Country Is the Worlds Next Manufacturing Hub?How Remote Work Has Become the Great Wage EqualizerClick here or press enter for the accessibility optimised versionThe Decline of the MaleEmployment RateOver the past few decades,there has been a significant dropin the number of men partici
6、pating in the labor force in boththe United States and the United Kingdom.In the US,the malelabor force participation rate decreased from about 80%in the 1970sto roughly 69%by 2020.Similarly,the UK has seen a decline,influenced by changes in industry,differences in educationalachievements and health