Global Employment Trends 2013: Facts and figures by regions

Article | 22 January 2013

Developed economies

Central and South-Eastern Europe (non-EU) and CIS

Latin America and the Caribbean

East Asia

South East Asia and the Pacific

South Asia

Middle East

North Africa

Sub-Saharan Africa

Regions Highlights

New global growth engines

Wanted: Productive jobs for the developing world

Global economic growth slowed sharply in 2012 and its impact on jobs and labour productivity is being felt in every region. Unemployment has gone up the most in the developed economies, such as the European Union. However a strong middle class now emerging in East Asia and elsewhere in the developing world could become a new global growth engine. In the developing world an important route to economic growth is through increased opportunities for workers to move from lower to higher productive jobs, for example from subsistence farming to work in industry and service sectors. This process, called "structural change", has slowed down in recent years as job creation in productive sectors has stalled.