According to ApplyBoard’s analysis, international students in Canada, Australia, United Kingdom (UK), United States (USA) and some European countries will fill labour market needs as these countries are expected to create significant jobs by 2030.
More than 20 percent of the population in these countries will be aged 65 and over, leading to retirement which will create a gap in the labour market.
This demographic shift highlights the importance of international students in meeting workforce needs.
International students in particular will benefit from these opportunities, because they are more likely to be absorbed into the job market after completing their studies abroad.
Understanding these trends will help align the academic and career aspirations of Nigerian students in these countries with the opportunities available in these countries and help them make informed decisions about their education and future career pursuits.
Here are the number of jobs projected to be created in each key sector in Canada, Australia, UK and the U.S:
Canada’s future workforce needs
Nearly 8 million job openings are projected from 2022 to 2031.
High-demand sectors include:
Health care: More than 258,000 jobs
Education: More than 74,000 jobs
Finance: More than 62,000 jobs
Australia’s future workforce needs
The labour market is expected to grow by 14 percent (2 million jobs) by 2033.
Key sectors:
Health care and social assistance: More than 500,000 jobs (25 percent growth)
Professional, scientific, and technical services: More than 234,000 jobs (18 percent growth)
Education and training: More than 156,000 jobs (13 percent)
UK’s future workforce needs
By 2035, employment is expected to grow by 4 percent to 37 million people.
High-growth sectors include:
Health and social work: More than 349,000 jobs (7 percent growth)
Education: More than 100,000 jobs
Arts and entertainment: 9 percent growth
U.S’s future workforce needs
6.7 million new jobs are projected between 2023 and 2033 (4 percent growth).
Key highlights:
STEM occupations: More than 10 percent growth
Health care and social assistance: More than 2.2 million jobs (1 percent CAGR)
IT and professional services: More than 1.6 million jobs (0.7 percent CAGR)
EU’s future workforce needs
Employment is forecast to grow by 1 percent between 2022 and 2035.
High-demand sectors:
Health and social care: 12 percent growth
Information and communications technology: 15 percent growth
Finance and insurance: 6 percent growth
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