VET TOOLBOX - Promoting Inclusive, Demand-Driven VET & Skills Development

Employment is a key factor for development and inclusive growth, connecting economic opportunities and poverty reduction. With the private sector creating 90% of jobs in developing countries, closer links between Vocational Education and Training (VET) with formal and informal business are critical to enhance employment. Yet often the linkage between VET and labour markets is weak with insufficient trust and dialogue between public and private stakeholders, contributing to skills mismatches between supply and demand. 

Other factors averting VET to champion employability of its beneficiaries include system weaknesses as a result of limited evidence-based policy making and often scattered responsibilities at country level. Furthermore, disadvantaged groups, including from the poorest quintile, are challenged to increase their chances of a decent job by unequal access to VET.