{"id":45444,"date":"2024-09-11T16:47:56","date_gmt":"2024-09-11T16:47:56","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/world-bank-chief-says-1-2b-young-people-to-look-for-jobs-in-next-decade"},"modified":"2024-09-11T17:36:46","modified_gmt":"2024-09-11T17:36:46","slug":"world-bank-chief-says-1-2b-young-people-to-look-for-jobs-in-next-decade","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/world-bank-chief-says-1-2b-young-people-to-look-for-jobs-in-next-decade","title":{"rendered":"World Bank chief says 1.2B young people to look for jobs in next decade"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>World Bank Group President Ajay Banga said 1.2 billion young people in emerging markets will be looking for a job over the next 10 years.<\/p>\n<p>&#8220;This generation is facing a job market that is projected to only offer spots for 420 million of them, leaving nearly 800 million without a clear path to prosperity,&#8221; he told the Lowy Institute in Sydney, Australia on Tuesday.<\/p>\n<p>&#8220;That is why we need all shoulders at the wheel \u2013 governments, philanthropies, and multilateral development banks working together,&#8221; he added.<\/p>\n<p>Banga called on for need of the private sector to close the financing and jobs gap.<\/p>\n<p>&#8220;We require their ingenuity, speed, and resources to create the demand for investment by generating bankable projects,&#8221; he said.<\/p>\n<p>The World Bank chief said the international organization has launched an initiative aimed at generating jobs, led by President Tharman Shanmugaratnam of Singapore and Former President Michelle Bachelet of Chile.<\/p>\n<p>He said they will lead a group of business leaders, civil society, and academics who will meet for the first time at the World Bank&#8217;s annual meetings in October in order to design strategy to create jobs for young people focused on energy, infrastructure, agribusiness, health, and tourism.<\/p>\n<p><strong>For More News And Analysis About Mauritius Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. World Bank Group President Ajay Banga said 1.2 billion young people in emerging markets will be looking for a job over the next 10 years. &#8220;This generation is facing a job market that is projected to only offer spots for 420 million of them, leaving nearly 800 million without a clear path [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":45443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[4253,4254,415,241,1741],"class_list":["post-45444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ajay-banga","tag-job-market","tag-jobs","tag-mauritius","tag-world-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World Bank chief says 1.2B young people to look for jobs in next decade - 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