Inovantage Report – The Workforce DNA edition: The workforce disruption and pending economic recession fueled by the Covid-19 pandemic are causing daily uncertainties that will stretch well into the coming years.
This year-end edition of Inovantage lays in front of us, like a deconstructed DNA sample, those traits that define the region’s workforce landscape. The report aims to clarify: 1) what pre-pandemic conditions eased each country’s efforts and what accelerated their failings; and 2) what key learnings can public and private stakeholders learn and apply in the following years.
The report analyses global trends in workforce development and participation, but it focuses on the Eastern Europe, Middle East & North Africa regions (Poland, Czechia, Slovakia, Hungary, Slovenia, Croatia, Romania, Bulgaria, Serbia, Greece, Turkey, Tunisia and the United Arab Emirates).
Trends in employment in the CEE and MENA region are highly diverse and are bound to national economic conditions. Some countries have had a noteworthy performance in increasing workforce participation. For example, Czechia, Hungary, Poland, Romania and Turkey have all seen employment rates in 2019 surpass pre-2008 crisis levels by 5 percentage points or more, while Serbia has seen a recent upswing in employment rates too.
In the short term, the pandemic has seen a new prioritization of workplace safety, with the Adecco Group actively working towards the dissemination of good practices in ensuring a safe return to work for employees across the world (The Adecco Group, 2020).