The World Bank director stressed that these types of policies are key to preparing the workforce in the face of the challenges presented by new technologies and the transformation of the labor market.
He World Bank approved additional US $ s230 million For Argentina aimed at improving access to formal employment and quality opportunities for unemployed people. The loan supports the project “Promote better jobs with integrated training and job programs”which includes national programs Foster employment and Go back to workcoordinated by the Ministry of Labor, Employment and Social Security.
The director of the World Bank for Argentina, Paraguay and Uruguay, Marianne FayHe stressed that these types of policies are key to preparing the workforce in the face of the challenges presented by new technologies and the transformation of the labor market. “In the next ten years, 1.9 million young people will reach working age. Investment in training is essential to find quality jobs,” he explained.
New World Bank loan: more than 800,000 people will be reached
As reported by the entity, in this new stage it is expected that More than 800,000 unemployed people access training services, job orientation or registered in reintegration programs. Among the training offers, courses are included to certify basic socio -labor competences and for entrepreneurs who work on their own.
From its implementation, the program Foster employment already has more than 400,000 participants. In addition, the EMPLOYMENT PORTAL “A free digital tool,” he managed to gather 1.7 million registered people in active search for employment, training and advice. For its part, more than 7,500 companies have already published their vacancies labor on the platform.
The project also allowed Train more than 2,000 municipal employment workers and develop the Observatory of Argentina (OOA)which allows analyzing the labor market and guiding more effective public policies.
The credit granted by the International Bank for Reconstruction and Development (BIRF) will be Variable marginwith a period of 32 years and a seven -year grace period.
This loan adds to a context of Strong international support to the Argentine government. On April 2, the President Javier Milei He received the head of the World Bank Group at Casa Rosada, Ajay Bangawith whom he discussed the economic reforms in progress and the accompaniment of the multilateral organism to consolidate macroeconomic stability and employment generation.
Source: Ambito
