World Youth Skills Day on July 15 reminds us of the need to invest in better skills development. Read our blog on reforming #TVET: blogs.worldbank.org/education/unlo… You can download our related report here: worldbank.org/en/topic/skill… Victoria Levin Indhira Santos WorldSkills #WYSD

The economic impacts of COVID-19 have hit conflict-affected regions hardest, widening pre-pandemic disparities. For more, read our paper which recently got published in the Review of Development Economics: onlinelibrary.wiley.com/doi/10.1111/ro….

Despite the fast-growing youth population in some countries, almost ¼ of the global youth are not in education, employment, or training. On #InternationalYouthDay, I recommend this report that addresses the skills & labor mismatch for the youth: wrld.bg/yzer50PqhY6

#DYK? Ahead of #UNGA78, a key meeting organized by UNESCO 🏛️ #Education #Sciences #Culture 🇺🇳 in partnership with the World Bank highlighted the importance of transforming & reforming #TVET and the commitment of the private sector to the skills development agenda. ℹ️ wrld.bg/kBin50PMiHz Stefania Giannini Michael Weber

How has the COVID-19 crisis affected the poor? What is the extent to which poverty has increased? 🔎 Our new blog explores how microsimulations were used to estimate the crisis's distributional impacts. wrld.bg/HYAX50Q6pbY

Investments in labor market programs for young people pay off, shows new research from World Bank and International Labour Organization. Youth at greatest risk of labor market exclusion often benefit the most. wrld.bg/y6NH50RT1fa #InvestinPeople DecentJobsforYouth ILO-Youth Employment Susana Puerto

Did you know active labor market programs positively impact youth employment and earnings? In low- and middle-income countries, #entrepreneurship support and employment services yield larger impacts. New research from International Labour Organization and the @worldbank: wrld.bg/Tiws50RU5vP

How to design effective programs to invest in labor market programs for young people? Focus on soft skills training and certification, say the World Bank and International Labour Organization. New report here: thedocs.worldbank.org/en/doc/9da35d5… #InvestinPeople DecentJobsforYouth ILO-Youth Employment Susana Puerto

Worldwide, young people face employment challenges that require more policy attention. People aged 15-24 are on average 3.5x more likely to be unemployed than adults, shows research from International Labour Organization and World Bank: wrld.bg/1emH50RWTAT DecentJobsforYouth ILO-Youth Employment Susana Puerto

📚Foundational learning is a building block for all other learning, including technical & vocational #education & training. On #WorldYouthSkillsDay, our blog highlights the importance of better integrating foundational learning & #TVET: wrld.bg/JUkN50SBJOn #InvestInPeople

Investing in people is not just the right thing to do—it's also the smartest economic move a country can make. For more: blogs.worldbank.org/en/investinpeo… World Bank #InvestInPeople #Jobs4Dev #HumanCapital #EconomicGrowth #Development

📝In our latest blog, Michael Weber & Federico Rossi explored how human capital fuels economic prosperity. From early childhood interventions to quality schooling, investing in people drives growth and narrows disparities between nations. ℹ️ wrld.bg/6Fni50U8fJH #InvestinPeople

Does #formalwork pay? Synthetic measurements of #taxes and #benefits can help identify #incentives and #disincentives to formal work. Read more here: 'Measuring disincentives to formal work' by Michael Weber World Bank. wol.iza.org/articles/measu…

AI’s job impact in developing countries will be slower and less disruptive than in rich countries. Read how proactive policies can turn AI into an opportunity: wrld.bg/VtXc50V5zlY #FutureOfWork

Policy priorities for AI in developing countries: - Expand energy/digital access - Boost AI tools that AUGMENT workers - Deploy AI in healthcare/education Read the blog: wrld.bg/s71a50V6eL5 wrld.bg/s71a50V6eL5

Does #formalwork pay? Synthetic measurements of #taxes and #benefits can help identify #incentives and #disincentives to formal work. Read more in this article by Michael Weber World Bank: 'Measuring disincentives to formal work'. wol.iza.org/articles/measu….