Democratic Republic of Congo Jobs Diagnostic
The economy of the Democratic Republic of Congo is not creating sufficient jobs for its young and rapidly growing workforce. Although the Congolese economy has experienced fast growth and poverty has declined, further reducing poverty will require...
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/822881517551920780/Jobs-diagnostic-Democratic-Republic-of-Congo http://hdl.handle.net/10986/29327 |
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okr-10986-293272021-05-25T09:11:16Z Democratic Republic of Congo Jobs Diagnostic Aterido, Reyes Gonzalez, Alvaro Merotto, Dino Petracco, Carly Sanchez-Reaza, Javier JOB CREATION ECONOMIC GROWTH LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS INFORMALITY UNDEREMPLOYMENT UNEMPLOYMENT FIRMS FIRM PERFORMANCE ENTERPRISE SURVEYS The economy of the Democratic Republic of Congo is not creating sufficient jobs for its young and rapidly growing workforce. Although the Congolese economy has experienced fast growth and poverty has declined, further reducing poverty will require more dynamic job creation and continued reductions in fertility rates. The current youth bulge and potential demographic dividend will open a unique window of opportunity but will demand faster job creation. The challenge is not limited to reducing unemployment, but includes tackling inactivity and rampant underemployment. Possible avenues to address labor market shortcomings include removing obstacles and resolving market failures for firms to grow, integrating agribusinesses into value chains, facilitating urbanization, and focusing on skills, not just schooling. At the same time, a focus on productivity growth could strengthen its link to employment creation. The report, Democratic Republic of Congo: jobs diagnostic, analyzes the main challenges - at the macro, firm, and household levels - that the country faces in creating jobs. It also outlines the main obstacles to creating more and better jobs that are more inclusive of women and youth. 2018-02-06T21:20:55Z 2018-02-06T21:20:55Z 2018-02 Report http://documents.worldbank.org/curated/en/822881517551920780/Jobs-diagnostic-Democratic-Republic-of-Congo http://hdl.handle.net/10986/29327 English Jobs Series;No. 12 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: General Economy, Macroeconomics and Growth Study Africa Congo, Democratic Republic of |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
JOB CREATION ECONOMIC GROWTH LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS INFORMALITY UNDEREMPLOYMENT UNEMPLOYMENT FIRMS FIRM PERFORMANCE ENTERPRISE SURVEYS |
| spellingShingle |
JOB CREATION ECONOMIC GROWTH LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS INFORMALITY UNDEREMPLOYMENT UNEMPLOYMENT FIRMS FIRM PERFORMANCE ENTERPRISE SURVEYS Aterido, Reyes Gonzalez, Alvaro Merotto, Dino Petracco, Carly Sanchez-Reaza, Javier Democratic Republic of Congo Jobs Diagnostic |
| geographic_facet |
Africa Congo, Democratic Republic of |
| relation |
Jobs Series;No. 12 |
| description |
The economy of the Democratic Republic
of Congo is not creating sufficient jobs for its young and
rapidly growing workforce. Although the Congolese economy
has experienced fast growth and poverty has declined,
further reducing poverty will require more dynamic job
creation and continued reductions in fertility rates. The
current youth bulge and potential demographic dividend will
open a unique window of opportunity but will demand faster
job creation. The challenge is not limited to reducing
unemployment, but includes tackling inactivity and rampant
underemployment. Possible avenues to address labor market
shortcomings include removing obstacles and resolving market
failures for firms to grow, integrating agribusinesses into
value chains, facilitating urbanization, and focusing on
skills, not just schooling. At the same time, a focus on
productivity growth could strengthen its link to employment
creation. The report, Democratic Republic of Congo: jobs
diagnostic, analyzes the main challenges - at the macro,
firm, and household levels - that the country faces in
creating jobs. It also outlines the main obstacles to
creating more and better jobs that are more inclusive of
women and youth. |
| format |
Report |
| author |
Aterido, Reyes Gonzalez, Alvaro Merotto, Dino Petracco, Carly Sanchez-Reaza, Javier |
| author_facet |
Aterido, Reyes Gonzalez, Alvaro Merotto, Dino Petracco, Carly Sanchez-Reaza, Javier |
| author_sort |
Aterido, Reyes |
| title |
Democratic Republic of Congo Jobs Diagnostic |
| title_short |
Democratic Republic of Congo Jobs Diagnostic |
| title_full |
Democratic Republic of Congo Jobs Diagnostic |
| title_fullStr |
Democratic Republic of Congo Jobs Diagnostic |
| title_full_unstemmed |
Democratic Republic of Congo Jobs Diagnostic |
| title_sort |
democratic republic of congo jobs diagnostic |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/822881517551920780/Jobs-diagnostic-Democratic-Republic-of-Congo http://hdl.handle.net/10986/29327 |
| _version_ |
1764469065605185536 |