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More Jobs through Investing in Human Capital
October 13, 2023 @ 3:00 pm - 4:00 pm
More than 84% of the world’s workforce lives in developing countries. This share continues to grow. Africa must generate two million jobs each month by 2040 to meet its growing workforce needs. In South Asia, over one million people reach working age every month. Countries have an opportunity to improve both the quantity and quality of jobs. Today, 7 out of 10 workers in developing countries work in jobs that often lack financial and job security.
Investing in human capital means equipping people with knowledge, good health, and skills so they can take on the jobs of today and create the jobs of the future. When countries and communities invest in people, they create a strong workforce that’s able to grow and adapt to global shifts including technological transformation and climate change.
