World Bank chief sounds alarm about looming jobs crisis even after war ends

The West Asia ​war will dominate global finance officials’ talks this week in Washington, but World Bank President Ajay Banga is sounding the alarm about a bigger, ‌looming crisis: a huge gap in jobs for the 1.2 billion people who will reach working ​age in developing countries in the next 10 to 15 years.

At current trajectories, those economies will ⁠generate only about 400 million jobs, leaving a deficit of 800 million jobs, Mr. Banga told Reuters.