Saturday, July 08, 2017

Fact of the Day

Over the next generation, in the next 35 years, 1 in every 4 people in the world will be African. Right now, and in contrast to China, half of the African population is under 20, and the working-age population will expand by 20-30 million people per year over the next generation, going from 530 million people in 2015 to 920 million in 2035, and on to 1.4 billion by 2055. 

Meanwhile, the UN projects that the working age population of China will shrink from around 920 million in 2015 to 667 million by 2055. By this time, most of the net growth on the world’s labor force will occur in Africa and by 2050, Africa will make up 25 percent over the world’s workforce.

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