Job quality in Cambodia improves, new policies needed to benefit from global markets: World Bank
The diversity and quality of jobs available in Cambodia is improving, yet new policies are needed for the country to benefit from the opportunities available in future global markets, according to a World Bank report released on Tuesday.
Titled Cambodia’s Future Jobs: Linking to the Economy of Tomorrow, the report said among the 8 million jobs in Cambodia, 37 percent are wage jobs, many of which offer higher earnings and more protections to workers.
However, the other 63 percent of jobs remain more traditional, it said, adding that such jobs on family farms or in household enterprises are weakly integrated in the modern economy and offer workers lower earnings.
Shi Yinglun