Pakistan ranked 111th in the 2017 Global Talent Competitiveness Index

LAHORE - Pakistan has been ranked 111 out of 118 countries in the 2017 Global Talent Competitiveness Index that measures how countries grow, attract and retain talent.

The index, compiled by INSEAD, a global graduate business school, provides a resource for decision-makers to develop strategies for boosting their talent competitiveness.

Pakistan is ranked 111, just after Ethiopia, and two positions above Bangladesh. India was ranked 92nd and Switzerland was ranked first in the index, followed by Singapore and the United Kingdom. The United States was ranked fourth.

The theme of this year's edition of the GTCI is Talent and Technology: Shaping the Future of Work. The 2017 study focuses on how technological advances are affecting talent competitiveness and the nature of work. By analysing data on 118 countries, the GTCI provides a tool for decision-makers to overcome talent gaps and be competitive in the global marketplace.

"The fast advance of automation and artificial intelligence is the source of the most disruptive changes of our time in the way we live and work," said Alain Dehaze, chief executive officer of The Adecco Group.

"The transition will be rocky, so governments and business must act. Education system reforms are urgently needed to provide the right technical and people skills, and the ability to adapt to change. As a multi-career reality becomes the norm, workers must boost employability by committing to life-long learning. At the same time, employment policies must combine employers' need for flexibility with social protection. Only by working together will we respond to the challenges, unleash the power of work and boost prosperity."