Overcoming Latin America’s Skills Mismatch
Latin America could be on the verge of an epochal economic transformation – but only if employers can find workers with the skills they need. The way forward lies in expanding access to high-quality education, which would create the workforce needed to boost economic productivity, raise living standards, and reduce inequality.
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WASHINGTON, DC – Latin America could be on the verge of an epochal transformation. Over the next few years, middle-income jobs – particularly in the services sector – are expected to account for nearly all of the region’s employment growth. Forecasters say that countries in the region could add approximately 14-23 million well-paying jobs through 2018 – if employers can find workers with the skills they need.