Good Jobs for Angolan Youth : Opportunities, Challenges, and Policy Directions

Angola is at a critical juncture and a multi-sectoral strategy is needed to stimulate job creation that will help build the economy and future prospects for young Angolans, while more deeply engaging youth and increasing productivity in the short term. Job prospects are limited and although youth are better prepared for the labor market than adults, they are still vulnerable and face multiple constraints. The existing portfolio of Active Labor Market Programs offer few programs that are appropriate for the most vulnerable youth. Though the latest macro-economic adjustments and fiscal consolidation will help, much more is needed to leverage oil revenues away from pure consumption and towards investment to develop Angola as a country in its own right. More aggressive policy reforms in the private sector are needed to support productive job growth for firms as well as entrepreneurs to ensure good jobs that are particularly inclusive of vulnerable youth and women. Furthermore, investments in human capital will help youth develop the skills needed for better jobs while improving labor-matching mechanisms to help youth transition into employment.

Region
Resource Type
Resource Organization
World Bank Group
Year
2023
Organization