Provision of skilled talent is a core part of Latin America’s value proposition as a near shoring destination. While anecdotal evidence points to solid access to skilled talent across a range of Latin American geographies, there is still concern that talent wells could dry up and that the needed skills may not be there in the longer term.
Drawing on data from a Manpower Group Talent Shortage Survey, the Economist’s Global Talent Index, the World Economic Forum’s Human Capital Index and the Latin American Talent Index, this interactive looks at levels of talent access across selected Latin American countries.
Although each study measures different aspects of access to talent and talent development, there are correlations between the data sets, especially in relation to specific countries.
Chile, for example, ranks towards the upper rankings for Latin American countries in both the Global Talent Index and the Human Capital Index and is also ranked first in the Latin American Talent Index. Unfortunately, there is no data available on the level of skills shortages in the country.
Similarly, at the bottom end of the scale, Venezuela ranks at or near the bottom across three of the four scales with no data available on skills shortages. Of those countries which benefit from data across all of the indices, Mexico scores highest on average, and Colombia and Peru vie for last place.
Although these studies look at access to talent across industries, they also identify technical skills and technology-related jobs as core shortage areas.