Employment

Inclusive economic growth creates opportunities for all people to engage through their labor and assets to meet market demand. This topic includes: entrepreneurship and self-employment, workforce development, and labor mobility and matching.

Employment

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December 28, 2023

Informality is a key characteristic of the Honduran labor market, which includes low-income and low productivity jobs. Informality has been persistent over time and there is a risk that it will increase if enough formal jobs are not generated in the post COVID-19 era. Therefore, it is important to develop policies that help improve the job security of young people engaged in the informal sector or at risk of entering informality.

USAID/Honduras: Faces of Creando Mi Futura

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Thoughtful monitoring, evaluation, and learning processes allow for programmatic shifts to increase effectiveness and improve results.

Approaches to economic growth should start with analysis, consider public and private contributions, and leverage possibilities across all sectors.

Market actors respond to the opportunities and constraints shaped by rules and norms at the global, national, or local levels.

Market participation requires a range of financial solutions and investments to meet the needs of individuals, households, and firms as well as to meet national and sub-national financing requirements...

Market facilitation catalyzes market actors to create durable change for more competitive, inclusive, and resilient market systems.

The ability of individual firms to enter, compete, grow, and engage in value chains locally or internationally is what drives market development and economic growth.

Working with and through markets can help speed recovery and limit economic impact during and after disasters.

Working with the private sector enables donor agencies and nongovernmental organizations to achieve greater scale, effectiveness, and sustainable outcomes.

Sustainable poverty escapes require enabling vulnerable people to manage and mitigate risks while ensuring shocks and stresses don’t undermine development gains.

Women’s economic empowerment exists when women can equitably participate in, contribute to, and benefit from economic opportunities as workers, consumers, entrepreneurs, and investors.

Young people need opportunities for education, jobs, and income. Strategies that empower and engage youth economically contribute to growth and poverty reduction.