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Jamaica Deserves Funding For Providing Skilled Labour to Other Countries – World Bank
Lead Economist at the World Bank, Pablo Acosta, says countries that use Jamaica as a recruitment ground for skilled labour should contribute funding towards training initiatives.
Mr. Acosta was presenting the findings of the World Bank’s report on exploiting the brain gain potential for better human capital outcomes in Jamaica on Thursday.
Chevon Campbell tells us more.
The stock of high-skilled Jamaicans living abroad has increased from approximately 92,000 in 1980 to over 400,000 in 2010.
The loss of local talent has been felt acutely across sectors in recent years.
Health and education have been the worst hit by the brain drain.
The World Bank argues that Global Skills Partnerships would support the training of non-migrants too, increasing rather than draining human capital.
The bank presented its report on exploiting the brain gain potential for better human capital outcomes in Jamaica on Thursday.
Lead Economist at the World Bank, Pablo Acosta, says Jamaica must establish what he describes as global skills partnerships with recruiting entities to more efficiently train its labour force.
Mr. Acosta says migration is becoming a growing concern as the global need for skilled workers increases.
He says those who choose to stay are plugged back into the local labour market, with increased skills and earning potential.
He further notes that those who choose to move also have increased skills and earning potential and the ability to migrate legally and safely.
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