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December 14, 2015

india and china to account for 40% tech graduates by 2020 , US & EU to face severe tech manpower shortage

Latest data from OECD  studies the state of technology manpower looking at higher education engineering graduates between the ages of 25 and 34 across  OECD and G20  member countries – 42 countries in total.The report shows  that   skilled manpower across the technology sector has been shrinking rapidly from EU and the United states
India and China have reduced the share of tertiary graduates from Europe, Japan and the United States in the global talent pool.

"china and India to account for 45% engineering graduates"

 Engineering Graduates break up by country : 2010

"EU and US  engineering graduates to see a dramatic dip, as india and china takes the lead"

 Engineering Graduates break up by country : 2020

China and India will account for 40% of all young  technology graduates  by 2020, while US and EU will face shortage of skilled technical manpower.The above charts show the difference in Fresh engineering  graduates : compared between 2010 and 2020
  1. China will produce 29% of all higher education graduates aged 25-34 (up from 18% in 2010); India, will account for  12% technology graduates  by 2020
  2. The number of engineering graduates in US will account for just 11%, by 2020( (down from 14% in 2010);)
  3. EU and  United States combined  will account for just 25% technology graduates  
  4.  UK’s share should increase from 3% in 2010 to 4% in 2020; 
  5. By 2020, 6% of young  engineering graduates will be from Indonesia