Whiteshield has recently released its Global Labour Resilience Index (GLRI) 

Limiting fluctuations

Released during 2023 during the World Government Summit, the annual GLRI is a measurement tool that assesses the capacity of an economy to limit fluctuations in employment and quickly rebound from setbacks. 

Whiteshield is a global strategy and public policy advisory firm. GLRI is a first-of-its-kind measurement tool

The index ranked 136 countries for their resiliency in labour markets, policies, and key capabilities to face crises such as pandemics, technological disruptions, and transition to a green economy.

The GLRI is an annual report that ranks countries for the resilience of their labour markets.

Labour market resilience highest in W and N Europe

The report found the labour market resilience is highest in Western and Northern Europe. 

The ten most resilient nations are developed economies that had the institutional capacity to quickly and effectively introduce policy measures that prevented labour market outcomes being much worse than anticipated. 

The report also finds demand for high-skilled workers has increased during the COVID-19 pandemic at the expense of middle-skilled jobs

Key Findings

• Denmark ranked first in the index followed by Switzerland, Germany, Netherlands, Singapore, and Sweden. 
• India ranked 65th. All the other countries in South Asia are ranked below 80. Pakistan secured 97th 
• Labour market resilience is highest in Western and Northern Europe
• Countries in Europe and Asia are becoming more resilient
• Resilience in North America is high but is stagnating.

Key Takeaways

• Whiteshield has recently released its Global Labour Resilience Index (GLRI) 
• The index ranks the resiliency of the business environment across 136 countries
• Labour market resilience is highest in W and N Europe