The LDC Report 2013 highlights the significant increase in the youth population in least-developed countries (LDCs) by 2050 and urges governments to focus on employing this demographic for economic progress. It calls for a departure from traditional policies and emphasizes the need for inclusive growth and better-quality job creation. UNCTAD warns of potential consequences like poverty and social instability if sufficient job opportunities are not provided. Despite GDP growth, employment levels have not risen proportionately, necessitating the creation of millions of new jobs annually. The report emphasizes the importance of generating employment with living wages and safe working conditions, as well as investment in productive capacities to spur GDP growth.
