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Submitted by Rogers on
Could the employment troubles ruffling the developed countries be an indicator of saturation in the labour demand market? If the economy is not growing enough, then job creation is expected to match exactly that. This is what presents an opportunity for holistic growth in the developing countries. Just like the emerging economies are expanding employment and growth, developing countries should emulate this. Given the unexplored potential that most developing countries still have, it is predictable that employment can only grow as the developing economies grow. Developing countries should exploit their potentials and then employment will follow suit. Gone are the days when expanding the public sector would lead to employment growth. New era, new dimensions.