Powering private sector job creation

Six hundred million is a staggering number. Yet, that's how many new jobs the world needs by 2020 just to keep up with its surging population. And about two-thirds of those jobs need to be created in Asia - that's some 25 million jobs a year.

Globally, about 200 million people are unemployed, the majority of them women and young people living in developing countries. Without jobs, they can't care for themselves or their families. The result: poverty and social and economic unrest.

Joblessness is a global crisis and a top priority for policymakers and the International Finance Corporation, the World Bank Group member focused on private sector development.