World Bank2012-06-082012-06-082007-09https://hdl.handle.net/10986/7581This economic study comprises four parts. Part one analyzes the economic performance of Senegal with a view to understanding how an efficient labor market is an essential (but not sufficient) condition for achieving sustained and shared growth. This section focuses on the role of the labor market in (i) promoting a virtuous circle between economic growth and poverty reduction through equitable distribution of earned income (which is the main source of income for the Senegalese population, accounting for up to 3/4 of total resources, according to the results of the first household survey ESAM-I); and (ii) creating a competitive and dynamic private sector, as the wage bill accounts for a predominant share of the costs of Senegalese companies. The second part of the study focuses on the perspective of companies motivated by the objective of maximizing labor productivity to become as competitive as possible. The third part of the study presents the perspective of workers or that of the search for job security. The objective is to examine in detail whether the labor market is capable, not only of offering jobs to the majority of the population, but also whether this job provides sufficient income and conditions that allow workers to live free of poverty. The fourth and final part will summarize lessons learned from the previous parts.en-USCC BY 3.0 IGOACCESS TO CREDITACCESS TO EDUCATIONACCESS TO INFORMATIONACCOUNTINGACTIVE EMPLOYMENTACTIVE EMPLOYMENT PROGRAMSACTIVE LABORADVISORY GROUPAGE GROUPAGE GROUPSAGGREGATE DEMANDAGRICULTURAL DEVELOPMENTANNUAL SALARYAVERAGE GROWTHBANKRUPTCYBEST PRACTICESBRAIN DRAINBUSINESS CLIMATEBUSINESS DEVELOPMENTCALCULATIONSCALL CENTERSCAPITAL INVESTMENTCONSUMPTION EXPENDITURESCONTRIBUTIONCONTRIBUTIONSCOST OF LABORCREATING JOBSCREDITSCURRENCYCURRENT RATEDEPENDANTDISCRIMINATIONDISSEMINATIONDIVERSIFICATIONDOMESTIC CONSUMPTIONECONOMIC ACTIVITIESECONOMIC ACTIVITYECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMICSEFFICIENT LABOR MARKETELIMINATION OF POVERTYEMPLOYEEEMPLOYMENT AGENCIESEMPLOYMENT GROWTHEMPLOYMENT LEVELEMPLOYMENT POLICYEMPLOYMENT PROGRAMSEMPLOYMENT PROMOTIONEMPLOYMENT SITUATIONETHNIC GROUPSEXTERNAL SHOCKSFINANCESFINANCIAL BENEFITSFINANCIAL MARKETSFINANCIAL RESOURCESFINANCIAL SUPPORTFOREIGN INVESTMENTFORMAL EDUCATIONFORMAL LABOR MARKETGENDER ISSUESGENERAL POPULATIONGROSS DOMESTIC PRODUCTHOUSEHOLD SURVEYHOUSEHOLD SURVEYSHOUSEWIVESHUMAN CAPITALHUMAN RESOURCEHUMAN RESOURCE DEVELOPMENTHUMAN RESOURCESILLNESSINCENTIVE MECHANISMSINCIDENCE OF POVERTYINCOMEINCOME DISTRIBUTIONINCOMESINFORMAL EMPLOYMENTINFORMAL SECTORINSURANCEINSURANCE SCHEMESINTEREST RATESINTERNATIONAL MARKETSINVENTORYINVESTINGINVESTMENT CLIMATEINVESTMENT CLIMATE ASSESSMENTJOB CREATIONJOB SEARCHJOB SECURITYJOB SEEKERSJOBSLABOR ALLOCATIONLABOR COMPENSATIONLABOR COMPETITIVENESSLABOR COSTLABOR COSTSLABOR DEMANDLABOR FORCELABOR FORCE PARTICIPATIONLABOR LEGISLATIONLABOR MARKETLABOR MARKET ADJUSTMENTLABOR MARKET ISSUESLABOR MARKET PARTICIPANTSLABOR MARKET REFORMSLABOR MARKETSLABOR OFFICELABOR PRODUCTIVITYLABOR REGULATIONSLABOR RELATIONSLABOR SUPPLYLABOR UNIONSLABORERSLACK OF INFORMATIONLEVEL OF EDUCATIONLEVEL OF POVERTYMACROECONOMIC PERFORMANCEMALARIAMARKET ANALYSISMEDICAL CAREMEDIUM ENTERPRISESMERCHANTSMINIMUM WAGEMINISTRY OF EDUCATIONMINORITYMORAL HAZARDMOTIVATIONNATIONAL COUNCILNEW JOBSNOMINAL WAGESOCCUPATIONOCCUPATIONSPARTICIPATORY PROCESSESPAYROLL SYSTEMPAYROLL TAXPERFECT COMPETITIONPERMANENT JOBPLACE OF RESIDENCEPOLITICAL ECONOMYPOVERTY LEVELPOVERTY RATEPOVERTY REDUCTIONPOVERTY REDUCTION STRATEGYPRESENT VALUEPRIMARY EDUCATIONPRIVATE COMPANIESPRIVATE EMPLOYMENTPRIVATE INVESTMENTPRIVATE INVESTMENTSPRIVATE SECTORPRODUCTION FUNCTIONPRODUCTIVITY GAINSPRODUCTIVITY GAPPROSPERITYPUBLIC EXPENDITUREPUBLIC EXPENDITURESPUBLIC GOODPUBLIC INVESTMENTPUBLIC INVESTMENTSPUBLIC SERVICEPUBLIC WORKSPURCHASING POWERRATE OF GROWTHREAL ESTATEREAL WAGESRETIREMENTRURAL AREASRURAL EMPLOYMENTSAFETYSALARIESSALARYSALESSAVINGSSAVINGS RATESEASONAL WORKERSSELF-EMPLOYMENTSKILLED LABORSKILLED WORKERSSMALL BUSINESSESSOCIAL BENEFITSSOCIAL INSURANCESOCIAL PROTECTIONSOCIAL SECURITYSOCIAL SERVICESSOURCES OF INCOMESTAKEHOLDERSSTOCKSTAX RATETECHNICAL EDUCATIONTECHNICAL TRAININGTECHNOLOGICAL INNOVATIONSTEMPORARY EMPLOYMENTTERM CONTRACTTOTAL COSTTOTAL COSTSTOTAL EMPLOYMENTTOTAL LABOR FORCETRADE UNIONSTRAINING CENTERSTRUCK DRIVERSUNEMPLOYEDUNEMPLOYED POPULATIONUNEMPLOYMENTUNEMPLOYMENT RATEUNIVERSAL PRIMARY EDUCATIONURBAN AREASVALUABLEVOCATIONAL TRAININGVOCATIONAL TRAINING PROGRAMSVOUCHER PROGRAMVULNERABLE GROUPSWAGE ADJUSTMENTWAGE BILLWAGE GAPSWAGE INCREASEWAGE NEGOTIATIONSWAGE RATEWORKERWORKER PRODUCTIVITYWORKERSWORKING AGEWORKING POPULATIONWORTHYOUNG PEOPLEYOUNG WORKERSYOUTH EMPLOYMENTWorld Bank10.1596/7581