The World Bank approved this Friday an additional financing of 230 million dollars for Argentina, with the aim of strengthening job placement and facilitating access to quality jobs for unemployed people, through the expansion of training services and job search assistance.
The project, titled "Promoting Better Jobs with Integrated Training and Employment Programs," supports the Fomentar Empleo and Volver al Trabajo initiatives, driven by the Secretariat of Labor, Employment, and Social Security (STESS).
"Argentina is investing in training its workforce and ensuring the creation of more and better jobs. In the next ten years, 1.9 million young people will reach working age while technological advances are complicating the career paths of people in their productive stage," said Marianne Fay, World Bank director for Argentina, Paraguay, and Uruguay.
"Programs like Fomentar Empleo and Volver al Trabajo aim to improve opportunities to access formal employment and thus build a better future for Argentinians throughout their lives," stated the representative of the international organization.
