Macau’s $34 billion gambling industry has an obstacle. With 28 million visitors and 21 percent economic growth last year, Macau is confronting a severe labor shortage.
An unprecedented outflow of New Zealand citizens last year for jobs and better pay in Australia is leaving the nation’s earthquake-hobbled economy vulnerable to a labor shortage during rebuilding.
How high is demand for welders to work in the shale boom on the U.S. Gulf Coast?
Design engineer Stephanie Thompson quit her job in Australia’s mining industry and moved with her husband to New Zealand to help rebuild the earthquake-damaged city of Christchurch.
Conference Board’s Levanon Sees Labor Shortage (Audio)
Morgan Stanley’s Feldman Sees Labor Shortage in Japan (Audio)