Video interview

"Innovation" and a completely new approach to job creation are needed to solve the jobs crisis, WEF's Klaus Schwab tells ILC delegates

Hailed as "a visionary of the highest caliber" by ILO Director General Juan Somavia, World Economic Forum founder Klaus Schwab told delegates at the International Labour Conference in Geneva that a "paradigm shift" toward entrprenuership and innovation is needed to address the Global Jobs Crisis and the growing disparities between rich and poor. In an exclusive interview after his speech, Schwab said the role of the ILO is central to the process of bringing about change; and he predicted that in the future, most jobs will be created by the workers, themselves.