Benhassine, NajyBlomquist, John D.Ezzine, MouradGrun, Rebekka E.Jaramillo, AdrianaPoupart, Nadine T.Silva, Joana C.G.2012-08-132012-08-132009-05https://hdl.handle.net/10986/10987Generating more and better quality jobs with higher productivity probably constitutes the most important challenge the Maghreb countries will face over the next decade. Despite relatively high and sustained economic growth since 2004, employment creation has been insufficient to significantly reduce unemployment, or to absorb the flow of youth joining the labor market. As a result, the unemployment rate remains high among youth, and has been rapidly increasing among secondary education students and university graduates. In addition, most new jobs are of low productivity, often in the informal sector and benefiting the less educated.CC BY 3.0 IGOACTIVE LABORACTIVE LABOR MARKETACTIVE LABOR MARKET PROGRAMSACTIVE LABOR MARKETSBANK LOANBUSINESS ENVIRONMENTCAPITAL BASECOMPETITIVENESSCREDIBILITYDEBTDEFICITSDEMOGRAPHICECONOMIC GROWTHECONOMIC INTEGRATIONECONOMIC STRUCTURESEMPLOYMENTEXPOSUREFISCAL CONSTRAINTSGLOBAL ECONOMYGROWTH RATESHARMONIZATIONHUMAN CAPITALHUMAN RESOURCESINCOMEINCOME DISTRIBUTIONINFORMAL SECTORINNOVATIONINSURANCEINVESTMENT CLIMATEJOB CREATIONJOBSKNOWLEDGE ECONOMYLABOR FORCELABOR MARKETLABOR MARKET NEEDSLABOR MARKET POLICIESLABOR MARKET REGULATIONSLABOR MARKETSLABOR MOBILITYLACK OF COMPETITIONLIBERALIZATIONLIBERALIZATION OF TRADELIFELONG LEARNINGPENSIONPENSION FUNDSPENSION SYSTEMPENSION SYSTEMSPENSIONSPORTFOLIOPRIVATE INVESTMENTSPRIVATE SECTORPRODUCTIVITYREGULATORY FRAMEWORKRENTSSAFETYSAFETY NETSSERVICE INDUSTRIESSKILLS DEVELOPMENTSOCIAL PROTECTIONSTATE-OWNED ENTERPRISESTAXTECHNICAL ASSISTANCETRAINING SYSTEMUNEMPLOYEDUNEMPLOYMENTUNEMPLOYMENT RATEVOCATIONAL EDUCATIONWAGE SUBSIDIESWORKERSYOUTH UNEMPLOYMENTWorld Bank10.1596/10987