The Global Jobs Challenge

The world faces a jobs challenge of historic proportions that will shape global prosperity and stability for decades to come. Between 2025 and 2035, around 1.2 billion young people in emerging market and developing economies are set to reach working age, the largest youth cohort the world will likely ever see. Jobs are essential to reducing poverty, promoting shared prosperity, building self-sufficient economies, and strengthening social stability.

A new World Bank Group report, The Global Jobs Challenge, highlights three policy pillars: foundational infrastructure (physical, human, and digital capital), a business-friendly environment, and mobilization of private capital. Complementary policies focus on five sectors identified by the World Bank Group with high potential for resilient, large-scale job creation: infrastructure (including energy), agribusiness and farming, health, tourism, and value-added manufacturing.

Download The Global Jobs Challenge report to learn more.