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Top of the Morning: Shocking Attack at Nigeria University; Foreign Aid Becoming More Transparent; New World Bank Study on Jobs

Top stories from DAWNS Digest.
World Bank: Global Workforce Needs 600 Million New Jobs

A new report on the global jobs picture: “About 600m new jobs will be needed worldwide in the next 15 years to absorb a burgeoning workforce, mainly in Asia and sub-Saharan Africa, according to a World Bank report. The private sector will be the engine for job creation, accounting for 90% of jobs in the developing world, but governments have a vital role to play by ensuring the right conditions are in place. The 2013 World Development Report recommends a three-stage approach by governments, urging them to: put in place policy fundamentals that include macroeconomic stability, a business-friendly environment, investments in human capital and the rule of law; design labour policies to ensure growth translates into employment opportunities; and identify the jobs that do most for development, removing the obstacles that prevent the private sector from creating those jobs…The report comes against a grim backdrop. The world economy is still stuttering from the 2008 financial shock that triggered the biggest global economic downturn since the Great Depression. About 200 million people – including 75 million under the age of 25 – are unemployed.”  (Guardianhttp://bit.ly/T0itpl)

Shocking Attack at Nigerian University Kills Dozens

An attack by an unknown gunmen in northeastern Nigeria left at least 26 people dead. The majority of the dead were students. “Security forces are enforcing a curfew in Nigeria’s north-eastern town of Mubi after at least 26 people were killed by gunmen at a student hall of residence. Most victims were students called out by name by the gunmen, police said. A resident said the attackers went from door-to-door, shooting or stabbing. It is unclear who is responsible. Monday night’s attack came days after dozens of people with suspected links to the Boko Haram militant group were arrested in the town. However, officials have not ruled out a recent student union election dispute as being the trigger for the violence at Federal Polytechnic Mubi. If that proves to be the case it will shock many Nigerians, as violence amongst students has never reached this level before, the BBC’s Will Ross in Lagos reports.” (BBChttp://bbc.in/T0iuJI)

World Bank: Global Workforce Needs 600 Million New Jobs

A new report on the global jobs picture: “About 600m new jobs will be needed worldwide in the next 15 years to absorb a burgeoning workforce, mainly in Asia and sub-Saharan Africa, according to a World Bank report. The private sector will be the engine for job creation, accounting for 90% of jobs in the developing world, but governments have a vital role to play by ensuring the right conditions are in place. The 2013 World Development Report recommends a three-stage approach by governments, urging them to: put in place policy fundamentals that include macroeconomic stability, a business-friendly environment, investments in human capital and the rule of law; design labour policies to ensure growth translates into employment opportunities; and identify the jobs that do most for development, removing the obstacles that prevent the private sector from creating those jobs…The report comes against a grim backdrop. The world economy is still stuttering from the 2008 financial shock that triggered the biggest global economic downturn since the Great Depression. About 200 million people – including 75 million under the age of 25 – are unemployed.”  (Guardianhttp://bit.ly/T0itpl)


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