Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/215358 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 12962
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We explore future job creation needs under conditions of demographic, economic, and technological change. First, we estimate the implications for job creation in 2020–2030 of population growth, changes in labor force participation, and the achievement of plausible target unemployment rates, disaggregated by age and gender. Second, we analyze the job creation needs differentiated by country income group. Finally, we examine how accelerated automation could affect job creation needs over the coming decades. Overall, shifting demographics, changing labor force participation rates, reductions in unemployment to the target levels of 8 percent for youth and 4 percent for adults, and automation combine to require the creation of approximately 340 million jobs in 2020–2030.
Subjects: 
demography
labor
unemployment
JEL: 
J11
J21
J68
O30
Document Type: 
Working Paper

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