What are the IMF's workforce recommendations about?

The International Monetary Fund (IMF) has recommended policy reforms to boost economic growth by enhancing labor force participation and productivity. They're specifically focused on integrating underutilized groups like older adults, women, and migrants into the workforce, while also improving overall worker productivity through better skills and technology. These recommendations aim to address slowing economic growth in many countries.

What is Human Capital Management (HCM) software?

Human Capital Management (HCM) software helps businesses manage their workforce more effectively. It typically includes tools for hiring, onboarding, payroll, benefits administration, performance management, and employee development. Companies like Workday and ADP provide these solutions, which are becoming increasingly important as organizations work to improve workforce productivity and inclusion as recommended by the IMF.

How do online learning platforms fit into workforce development?

Online learning platforms like Udemy and Coursera provide accessible, flexible education that helps workers gain new skills or update existing ones. As the IMF emphasizes the need for improved workforce productivity, these platforms offer a scalable way for people to upskill or reskill throughout their careers. They're particularly valuable for working adults who need to adapt to changing job requirements while maintaining employment.

What are staffing and workforce solutions companies?

Staffing and workforce solutions companies, like ManpowerGroup, Robert Half, and Kelly Services, help match workers with employers. They provide services ranging from temporary staffing and permanent placement to workforce consulting and training. As labor markets adapt to include more diverse participants (older workers, women returning to work, migrants), these companies play a crucial role in connecting talent with opportunity and helping organizations build more flexible, productive workforces.

15 handpicked stocks

Future of Work: Productivity & Participation

Invest in companies addressing the IMF's call for enhanced workforce participation and productivity. These carefully selected stocks represent businesses providing the training, technology, and services needed to upskill workers and integrate underutilized talent in our changing economy.

Han Tan | Market Analyst

Updated 2 days ago | Published at juillet 2