Interesting factoids on employment and development

…courtesy of the World Bank’s 2013 World Development Report (which is on jobs, and definitely worth a read):

  • 1.6 billion people work for a wage or salary, compared to 1.5 billion in farming or self-employment
  • The average Mexican firm will grow to employ twice as many people over 35 years; in the US, it’s 10 times as many over the same period
  • 21 million people are victims of forced labour
  • Women’s labour force participation is 77% in Vietnam, but only 28% in Pakistan
  • 600 million new jobs are needed over the next 15 years just to keep current global unemployment rates [6%, according to the ILO] at its current level
  • The global total of NEETs (young people not in education, employment or training) is 621 million
  • The number of international migrants as a share of world population is 3% – but in Kuwait, Qatar and the UAE, the foreign-born population is 60%