Nigeria, Africa’s most populous nation, is now giving birth to more babies each year than all of Europe plus Russia combined, a milestone that reflects profound global demographic change.

For the Fortune-500 giants that dominate revenue charts, McKesson leads the traditional field with more than US $8 million per employee, while companies such as Alphabet Inc. and Apple Inc. hover around US $1.9 million and US $2.4 million, respectively.

The European medical technology industry is a significant employer, with a substantial workforce driving innovation and growth in the sector, according to MedTech Europe.

Unemployment and job gap rates have fallen below pre-pandemic levels, and labor market participation has improved in recent years. However, the latest ILO World Employment and Social Outlook reveals that significant structural issues remain, including persistent inequality, rising working poverty, and slowing productivity growth.

Manufacturing is a critical component of economic development, contributing significantly to GDP and employment.