World Bank: 800 Million Jobs Needed to Absorb Young Workers Over the Next 15 Years

World Bank Group President Ajay Banga has warned of mounting challenges in creating jobs worldwide, noting that around 1.2 billion young people will enter the labor market over the next 10 to 15 years, while the market is expected to generate only about 400 million jobs. This places job creation at the forefront of economic development priorities.


