1945

Unemployment trends

The current rate of economic growth is generating fewer jobs than are needed to absorb the growing labour force in a productive way. This situation was initially interpreted as a specific consequence of the early stages of the reform process, but it now appears to have become permanent, even in cases where the process is at an advanced stage and growth rates are high. At the same time, disparities remain, or are increasing, with regard to the number and type of jobs being created and their distribution among households at various income levels.

Related Subject(s): Economic and Social Development
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