Over the next decade, 1 billion people will enter the labor market. Altogether, the global economy will need to create 5 million jobs each month, simply to keep employment rates constant. Global growth and poverty reduction over the next 20 years will be driven by today's young people, yet many of them face significant difficulties in finding productive employment.

Not only must we try to keep pace with the growing labor force, we must also do much better than we have done over the past 50 years. This requires that we engage more effectively to bring hundreds of millions of people into productive work and out of poverty.

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