Assessment and recommendations

As many as 600 million jobs will need to be created worldwide over the next 15 years to keep employment rates at their current level. The employment challenge is particularly pressing in developing countries, where demographic pressures are often stronger, wage employment opportunities are scarce and formal job creation is insufficient to give most youth access to decent work. In this context, fostering youth entrepreneurship has gained importance on the global and national policy agendas as a way to expand employment and earning opportunities.