Overview

  • Good jobs are the surest pathway out of poverty: Rising wages account for around 40% of the drop in poverty over the last decade. But the developing world faces a jobs crisis that hampers efforts to end extreme poverty and to boost shared prosperity. Over two billion people of working age are out of the labor market, and over 65% of workers —which add up to other two billion people— work in low-productivity jobs, are self-employed, or do not earn enough to escape from poverty. The three main challenges most developing countries face in varying degrees are:

    1.    Creating more jobs. Around 600 million jobs must be created over the next 15 years to increase employment rates and absorb the youth entering the labor market. This requires supporting private sector growth.

    2.    Increasing the quality of jobs. Just having a job is not enough: What makes a difference is having a more productive job, with good working conditions, and social protection. Besides creating as many formal jobs as possible, it is also crucial to improve productivity and earnings of jobs in the informal sector—which are the primary source of income for most of the population in low-income countries.

    3.    Connecting people to jobs. Not all workers have the same opportunities: women, youth, and the poorest are disadvantaged in the labor market. We must reduce any means of discrimination or barriers to employment, and ensure that workers have the skills required in today’s modern job market.

    Last Updated: Sep 18, 2018

  • The World Bank Group supports developing countries in the design and implementation of integrated, multi-sector job strategies, and the mobilization of global knowledge in addressing the jobs challenge. We accomplish this through:

    Jobs Diagnostics: to identify key challenges countries face in the labor market. The World Bank Group has completed over 30 in-depth Jobs Diagnostics using macro, household, and firm data. As an example, recent Jobs Diagnostics have assessed the opportunities in the agribusiness value chain in Zambia; the potential of the potato value chain for job creation in Lebanon; and the achievements and remaining challenges of Kazakhstan labor market.

    Jobs Strategies: to find potential solutions to address these challenges. Key interventions include: Macro and regulatory policies; Labor regulations and active labor market programs; and Targeted programs to create jobs by addressing sectoral and regional needs.

    Lending Operations: to support countries implementing job strategies through lending operations and policy reforms at both national and regional levels. These programs promote entrepreneurship or connect small informal producers to formal value chains, develop small and medium enterprises, and, more broadly, investments in infrastructure and information and communications technology. As of September 2018, the World Bank has over 560 active projects with a jobs angle, representing investments of close to US$77 billion.

    The Jobs Group has developed standardized methods, tools, and guidelines to enhance our diagnostics, strategies, and operations. This helps us understand what works, what does not, and what can be scaled up for job creation. We often use pilots accompanied with rigorous evaluations to test the proposed solutions. Additionally, the Jobs Group develops monitoring and evaluation (M&E) tools to support jobs lending operations and to monitor and report on the WBG portfolio of jobs-related projects.

    Last Updated: Sep 18, 2018

  • The World Bank is currently working in over 30 countries, of which 16 are in the world’s poorest (IDA). Our work combines jobs diagnostics, sectoral pilots and evaluations, jobs strategies, and support to lending operations. Our work has supported job creation in the following countries:

    ·       The Yemen Emergency Crisis Response Project created 152,000 waged employment opportunities by improving access to basic services to the most vulnerable and provided emergency cash transfers in response to food crisis.

    ·       A project in  Egypt created more than 273,000 jobs and provided financial support to more than 150,000 clients, including 64,000 women.  

    ·       In El Salvador, the World Bank has been a key partner in providing at-risk youth and vulnerable groups with training, job readiness, and work experience. The project created more than 13,000 temporary jobs.

    ·       In Mexico, more than 102,000 trainees received international standards certifications and approximately 40,000 students moved on to new IT jobs.

    A project in Argentina helped strengthened the country’s Employment Benefits and Training Program, doubling the number of program graduates into formal employment to more than 15,000 between 2008-15.

    Last Updated: Sep 18, 2018

  • Partnerships with international players across the globe are one of the key levers to finding sustainable solutions to creating jobs. Some of our key partnerships are:

    The Jobs Umbrella Multi-Donor Trust Fund provides financing to expand the frontiers of global knowledge through innovation about jobs. It currently finances over 90 grants in 39 countries in five regions, valued at approximately $40 million. These activities include projects associated with Let's Work and S4YE, described below.

    Let’s Work is a global partnership encompassing over 25 private sector organizations, International Financial Institutions and Multilateral Development Banks established to find solutions to create more and better private sector jobs. It primarily focuses on the private sector, which creates nine out of ten jobs and complements the public sector in providing social safety nets for the poorest.

    Solutions for Youth Employment (S4YE): 75 million out of the 200 million people unemployed are youth. S4YE is a global coalition of stakeholders from the private sector, public institutions, and civil society actors aimed to address the challenge of youth employment. Its strategy focuses on a second generation of innovative and integrated youth employment pilots that link the demand and supply sides, and includes initiatives on digital jobs and gender equality.

    Global Knowledge Partnership on Migration and Development (KNOMAD):Nearly one out of every seven persons in the world is a migrant. KNOMAD is a global hub of knowledge and policy expertise. Experts from all parts of the world synthesize existing knowledge and generate new evidence to assist policymaking in sending and receiving countries. The Jobs Groups is responsible for data and diagnostics, research and policy solutions, and lending operations relating to migration (other than forced displacement), remittances, and diaspora matters.

    The Partnership for Economic Inclusion is a new global partnership created to accelerate policy, good practices, and knowledge on interventions that support extreme poor and vulnerable segments to increase their earnings, productivity, and assets. The partnership will work with governments to help them implement and scale up and strengthen systems for graduation-style programs, which offer cash, coaching, skills training, transfer of seed capital or productive assets, and access to financial services such as savings and seed capital.

    The Jobs Group also works with key partners such as the International Labor Organization, Institute of Labor Economics, G20, Consultative Group to Assist the Poor, International Trade Unions Cooperative, Network on Jobs and Development, and others.

    Last Updated: Sep 18, 2018

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MULTIMEDIA

INFOGRAPHIC Oct 20, 2015

Jobs Big Data



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Contact

Washington, D.C.
Lillian Foo
lfoo@worldbankgroup.org