Jeffrey Joerres on the World Economic Forum – Latin American Workforce is Attractive to Foreign Investors [2]
Jeffrey Joerres, President and CEO of the ManpowerGroup, a world leader in workforce solutions, will be one of the co-chairs at the World Economic Forum [3]on Latin America in Puerto Vallarta, Mexico April 16-18, 2012. As a leader in his field, Joerres keeps his eye on the world scene, and has observed that Latin America is taking on a much stronger role in commerce. Specifically thanks to strong economies and powerful demographics. These shifts are causing American companies to look south instead of east, which had previously been the case.
Joerres believes the summit will bring a lot of focus on Latin America’s workforce, with an emphasis on government regulations and their predictability. This, he says, is an amazingly important factor that foreign investors [4] consider when they are looking to put assets and capitol on the ground.
When looking at Latin America, Joerres believes its labor market is a lot like other global emerging markets [4]or even developed countries. ManpowerGroup “puts millions of people to work every year and trains tens of tens of thousands” Joerres says. He believes that at the World Economic Forum, as well as at the G20 and B20, it will be very important for governments, business leaders, and NGOs to focus on unemployment and how it can be reduced, in order to prevent what he calls a “festering long term unemployment problem.”