Friday, October 03, 2008

Interesting Expatriate Statistics

According to a recent survey carried out by GMAC Global, the expatriate workforce is changing shape drastically and with increasing speed - certain key demographics which have not changed much for decades have suddenly begun to slide.

Over 20% of the entire expat workforce is now made up of women, this is a jump of over 9% from the previous year's figures.

The average age of expats has also dropped significantly; last year’s figures showed that 41% of the entire expat workforce was between the ages of 20 and 39, this year the figure has jumped an incredible 13% with 54% of the global expat workforce being in the 20 to 39 years age bracket.

Interestingly enough, it would seem that the attrition rate is also raising, meaning that more expatriates are deciding to repatriate. One can only assume that this is due to the growing problems with the world economy - it would seem the younger people are seeking work abroad, whilst the older expats are deciding that it may well be time to return home.

1 comment:

coalman said...

I would agree with you, however in my line of work (oil and gas) most need experiance, hence older is mostly required. I'm 53 and I'm getting a chance to work in the UK, outside London. To all, keep on traveling and learning......represent your home country well, especially the U.S. we have got a bad rap lately. Travel smart, Travel safe!