Labor Markets: At the Center of the World Bank’s Commitment to Poverty Reduction and Growth
The ability to work is the poor’s main asset in developing countries. Work provides individuals with income to meet material needs, reduces social isolation, and provides a sense of dignity and self-worth. Labor markets contribute to poverty reduction and to development through the creation of more and better jobs. In each country, the right combination of labor market regulations and labor market policies should help workers manage risks, foster the investment in human capital and help coping with poor working conditions.
About the World Bank Labor Markets Group
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