Publication: Togo: Economic Inclusion of Youth and Women into High Potential Value Chains
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2023-12-18
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2023-12-18
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Good quality jobs are key to accelerating poverty reduction and strengthening social cohesion in Togo. While Togo has made significant progress in creating more good quality jobs, with robust growth performance in the past decade, several jobs-related challenges remain. Togo’s labor market is characterized by high levels of informality and underemployment, low productivity, and low-quality jobs. This difficult situation is compounded by the demographic trend of large cohorts of young people entering the labor market every year. As a result of this trend, it is estimated that, beginning in 2024, Togo will need to create 200,000 new jobs every year to absorb the influx of new entrants into the labor market. As described in the companion document to this report, Togo Jobs Diagnostic, a holistic approach to creating more and better jobs should be applied looking at the macro-, demand-, and supply side constraints. Solutions should focus on creating new jobs, improving job quality and productivity, and ensuring access to employment for vulnerable segments of the population.
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“Kroll, Guillaume. 2023. Togo: Economic Inclusion of Youth and Women into High Potential Value Chains. © World Bank. http://hdl.handle.net/10986/40755 License: CC BY 3.0 IGO.”
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