{"id":16189,"date":"2026-03-17T12:43:42","date_gmt":"2026-03-17T12:43:42","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=16189"},"modified":"2026-03-17T12:43:42","modified_gmt":"2026-03-17T12:43:42","slug":"world-bank-warns-skills-shortage-could-jeopardise-employment-for-1-2-billion-young-people","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=16189","title":{"rendered":"World Bank warns skills shortage could jeopardise employment for 1.2 billion young people"},"content":{"rendered":"
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The World Bank Group has cautioned that approximately 1.2 billion young people are projected to join the labour markets of developing nations over the coming decade, raising fears of an expanding global employment gap as many may not possess the skills employers demand.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Paschal Donohoe, Managing Director and Chief Knowledge Officer at the World Bank Group, highlighted that the increasing disconnect between education systems and fast-changing labour markets could leave millions of young people ill-equipped for the workforce of the future.<\/p>\n

\u201cHow can young people find their footing in an economy that keeps changing beneath their feet? That question is urgent everywhere,\u201d he said while delivering a lecture at the Vice Chancellor\u2019s Occasional Lecture Series at the University of Ghana on Monday, March 16.<\/p>\n

\u201cThese are not just numbers, they are lives, a gap between the systems that have been built to educate people and the needs of economies that are changing at a very fast pace. The challenge is not simply to get people into jobs. It is to raise productivity and earnings across all types of work so that millions of young Africans who are working are getting ahead,\u201d he said.<\/p>\n

\u201cJobs that exist today will look fundamentally different in ten years\u2019 time. Skills that were sufficient a decade ago will not be sufficient today,\u201d he warned.<\/p>\n

He emphasised that the World Bank Group is prioritising education, skills development, and employment generation within its development agenda, pursuing a strategy that strengthens foundational learning, aligns tertiary education with labour market demands, and fosters entrepreneurship.<\/p>\n

\u201cEvery individual deserves the education, the skills and the opportunity to access meaningful employment and to realise their full potential,\u201d he said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The World Bank Group has cautioned that approximately 1.2 billion young people are projected to join the labour markets of developing nations over the coming decade, raising fears of an expanding global employment gap as many may not possess the skills employers demand. Paschal Donohoe, Managing Director and Chief Knowledge Officer at the World Bank […]<\/p>\n","protected":false},"author":123457,"featured_media":16190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[165,4181,41],"tags":[5108,5122],"class_list":["post-16189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-employment","category-general-news","tag-paschal-donohoe","tag-world-bank-group"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16189"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16189\/revisions"}],"predecessor-version":[{"id":16191,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/16189\/revisions\/16191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/16190"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}