1945

Employment trends in LDCs

Since the 2009 global recession, LDCs have undergone a slowdown in GDP growth (see chapter 1). While recent growth patterns may have exacerbated these countries’ employment challenge with respect to labour demand and sectoral reallocation, as shown in chapter 2, socio-demographic developments have also had a major impact from the labour supply side. This chapter considers the quantity of employment (labour demand and supply trends) and quality of employment (working poor and vulnerable employment) in LDCs since 1990. The chapter concludes with a brief discussion of the interaction between employment and growth in LDCs.

Related Subject(s): Economic and Social Development
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