Cambodia addressing the skills gap
Subtitle: employment diagnostic study
Contributors: Asian Development Bank
Publisher: ILO; ADB
Published: 2015
Place of publication: Geneva, Switzerland; Mandaluyong City, Metro Manila, Philippines
Language: eng
Number of pages: 96
ISBN-13: 9789292571603
Copyright date: 2015
Subjects: Labor market; Job creation; Economic conditions
Description: Cambodia's growth in the last 20 years has been remarkable and the lives of its people have improved substantially. But low-cost labour advantages on a narrow economic base have driven this growth. The country now needs to move beyond the four sectors that have dominated its economy: garment manufacturing, tourism, construction, and agriculture. Better education outcomes and higher-level skills are crucial for economic diversification and structural transformation and to sustain its inclusive growth. Labour force participation is high and unemployment relatively low, but the large majority of jobs are informal and more than a half of the employed have just a primary education or less. Addressing the problems of skills mismatch and future skills demand is therefore a priority. This joint report from the Asian Development Bank and the International Labour Organization examines constraints and opportunities for increasing productive employment in Cambodia. It can help the country exploit the opportunities its youthful labour force offers, but this window is closing fast.
Notes: Includes bibliographical references (page 92-96).
Table of contents: title: 1 Economic Background; title: 2. Dynamics of the Cambodian Labor Market; title: 3. Constraints and Challenges for Productive Employment; title: 4. Policy Recommendations.