{"id":36691,"date":"2026-11-11T10:18:08","date_gmt":"2026-11-11T08:18:08","guid":{"rendered":"https:\/\/ukrmedia.news\/?p=36691"},"modified":"2026-11-11T10:18:08","modified_gmt":"2026-11-11T08:18:08","slug":"svitovyi-bank-defitsyt-800-milioniv-robochykh-mists","status":"publish","type":"post","link":"https:\/\/ukrmedia.news\/en\/economics\/svitovyi-bank-defitsyt-800-milioniv-robochykh-mists\/","title":{"rendered":"The World Bank has warned of a major employment crisis over the next 15 years"},"content":{"rendered":"<p>Over the next 15 years, developing countries may face a shortfall of around 800 million jobs. According to World Bank forecasts, 1.2 billion young people will reach working age during this period, yet the economies of these countries will only be able to create around 400 million new jobs. This imbalance threatens to lead to increased poverty, migration crises and political instability. This was stated by the President of the World Bank Group, Ajay Banga, on 11 November during a financial summit in Antalya, Turkey.<\/p>\n<div class=\"news-summary-box\"><strong>Briefly about the main points<\/strong><\/p>\n<ul>\n<li>The World Bank forecasts a shortfall of 800 million jobs in developing countries.<\/li>\n<li>Over the next 15 years, approximately 1.2 billion young people will reach working age.<\/li>\n<li>Rising unemployment could exacerbate migration, poverty and social instability.<\/li>\n<li>The World Bank has raised over 230 billion dollars in funding over the past year.<\/li>\n<\/ul>\n<\/div>\n<h2>The global labour market faces an unprecedented imbalance<\/h2>\n<p>Speaking at the summit in Antalya, <strong>Ajay Banga<\/strong> stressed that population growth in developing economies is outpacing job creation by a significant margin.<\/p>\n<p>According to World Bank estimates, around 1.2 billion young people will enter the labour market over the next 10\u201315 years. At the same time, the projected number of new jobs stands at around 400 million.<\/p>\n<p>This does not mean that 800 million people will necessarily be left unemployed. It refers to the gap between the expected growth in the working-age population and the economies\u2019 capacity to provide them with new jobs.<\/p>\n<p>Banga warned that the consequences of such an imbalance could extend far beyond the countries that will be directly affected by a shortage of jobs. Among the main risks, he cited rising poverty, migratory pressure and threats to social stability.<\/p>\n<h2>Debt and conflicts limit the opportunities available to the poorest countries<\/h2>\n<p>According to the President of the World Bank, governments in developing countries are increasingly having to contend simultaneously with the burden of debt, the consequences of armed conflicts and <a href=\"https:\/\/ukrmedia.news\/en\/world\/oon-klimatychna-zahroza-90-milioniv-pereselentsiv\/\">natural disasters<\/a>.<\/p>\n<p>These problems reduce the financial resources that countries could otherwise channel into industrial development, infrastructure and job creation.<\/p>\n<p>In the financial year ending 30 June 2026, the World Bank, together with its partner investors, provided over $230 billion in development finance. Of this, $112 billion came from private capital \u2014 three times more than in the 2022 financial year.<\/p>\n<p>However, investment is distributed unevenly. Whilst middle-income countries are attracting increasing amounts of funding, the volume of private financing in the poorest countries is barely growing.<\/p>\n<h2>The World Bank proposes a new approach to economic development<\/h2>\n<p>Ajay Banga emphasised the need to combine job creation with making economies more resilient to climate change.<\/p>\n<p>In particular, this involves the construction of infrastructure capable of withstanding floods and extreme weather events, the protection of agricultural land and the modernisation of public buildings.<\/p>\n<p>As an example, he cited roads that do not need to be repaired after every flood, and schools with adequate thermal insulation, where lessons can continue even during periods of extreme heat.<\/p>\n<p>The World Bank expects that a combination of public funding, private investment and sustainable infrastructure will help countries create more jobs and reduce the projected employment shortfall.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u041f\u0440\u043e\u0442\u044f\u0433\u043e\u043c \u043d\u0430\u0441\u0442\u0443\u043f\u043d\u0438\u0445 15 \u0440\u043e\u043a\u0456\u0432 \u043a\u0440\u0430\u0457\u043d\u0438, \u0449\u043e \u0440\u043e\u0437\u0432\u0438\u0432\u0430\u044e\u0442\u044c\u0441\u044f, \u043c\u043e\u0436\u0443\u0442\u044c \u0437\u0456\u0442\u043a\u043d\u0443\u0442\u0438\u0441\u044f \u0437 \u0434\u0435\u0444\u0456\u0446\u0438\u0442\u043e\u043c \u0431\u043b\u0438\u0437\u044c\u043a\u043e 800 \u043c\u0456\u043b\u044c\u0439\u043e\u043d\u0456\u0432 \u0440\u043e\u0431\u043e\u0447\u0438\u0445 \u043c\u0456\u0441\u0446\u044c. \u0417\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0430\u043c\u0438 \u0421\u0432\u0456\u0442\u043e\u0432\u043e\u0433\u043e \u0431\u0430\u043d\u043a\u0443, \u0437\u0430 \u0446\u0435\u0439 \u043f\u0435\u0440\u0456\u043e\u0434 1,2 \u043c\u0456\u043b\u044c\u044f\u0440\u0434\u0430 \u043c\u043e\u043b\u043e\u0434\u0438\u0445 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