The food system currently employs the majority of people in developing countries, both in self and wage employment. And, according to our recent paper on jobs, all signs indicate that this system — which includes agriculture, as well as beyond-farm jobs in food processing, transportation, restaurants and others — will continue to be a major engine for job creation in the foreseeable future. As economies all over the world are confronted with the challenge of creating around 1.6 billion jobs over the next 15 years, it is important to harness the potential for job generation through productive alliances.
Higher education is more popular than ever in Latin America and the Caribbean (LAC), where gross enrollment rates have risen dramatically , according to World Bank estimates. But are these higher education students getting their money’s worth in terms of better jobs and higher incomes? To investigate this, we carried out an empirical study of two countries: Columbia and Chile. Our findings suggest that investing in higher education isn’t always profitable.
With youth unemployment extremely high in Latin America, numerous government efforts have been under way to help the poorest individuals. In Colombia, the "Jóvenes en Acción" or "Youth in Action" program was introduced in the mid-2000s to provide job training to about 4,300 unemployed youth (ages 18-25) who lived in urban areas and fell into the two lowest deciles of the income distribution. Jessica Owens, a consultant with Colombia's Ministry of Labor, says that evaluations show that women fared the best under the program.