World Bank warns of looming jobs crisis as 1.2 billion youths enter workforce
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The World Bank predicts that more than 1.2 billion young people in developing countries will reach working age within the next five to ten years. However, projections suggest only 420 million jobs will be available for them. This disparity is expected to widen the existing employment gap.
The World Bank projects that over 1.2 billion young people in developing nations will reach working age in the next decade‑to‑half, but only 420 million jobs are expected to be created, deepening an employment gap.