Commending the South Asian region for creating more jobs in the last three decades, the World Bank has predicted the region would surpass the one-million mark in terms of job creation per month over the next 20 years.
“South Asia has created nearly 800,000 jobs per month during the last decade. Robust economic growth in large parts of the region has created better jobs,” the Bank said in its latest report, offering a healthy prognosis for the number of people working in the region.
The region, according to the report, will need 1 to 1.2 million additional jobs every month for the next twenty years, equivalent to about 40% of the increase in the global labour force.
(Published 16 February 2012, 20:11 IST)