Daily Archives: January 27, 2020

#2 Most People in Most Countries Work in Farming and Services, not in Factories

Authors: Dino Merotto and Andreas Eberhard-Ruiz, Jobs Group, World Bank. Data on employment shares by sector show the rising importance of service jobs as countries get richer – and a corresponding decline in the share of agriculture jobs. Manufacturing, in contrast, plays a much less important part in the shift to higher incomes and it…

#1 Better, Not More Jobs are Associated with Increased Per Capita Income

Authors: Dino Merotto and Andreas Eberhard-Ruiz, Jobs Group, World Bank. Perhaps the most fundamental finding from Jobs Diagnostics is that it isn’t adding more of the existing stock of jobs that raises a country’s per capita income. Rather, it is improving the productivity of a country’s jobs that matters more. When we split the sources…