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Honduras 2051: Education and Employment

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213 pages2 hours

Summary

Honduras has more potential than most people realize. Many things can change, but trends in demographics are pretty well established for the next 35 years. The young work-force is increasing rapidly and two out of three people will be of working age (15-64) from 2030 to 2050. As the working age population increases, dependency rates will fall, but the benefits are not automatic.
Other countries with the same demographic changes Honduras is experiencing recorded increases in poverty, violence and political instability, with insufficient employment for young people. Some countries achieved accelerated economic growth with a rapidly growing young work-force by preparing young people to compete in the world economy and attracting investments for employment.
In Honduras, more than 60% of the economically active population was unemployed, underemployed, or dropped out of the labor market after losing hope of finding employment during 2017. Young people are the most affected and the country´s most important resource is being neglected. Children are leaving primary school with deficiencies in reading, writing and math. Less than half of the youth are completing high school and standardized test scores for students in their final year are below 50%.
With the working age population increasing by an average of 2% a year from 2015 to 2045, Honduras has an opportunity for economic growth, reductions in poverty, and better employment opportunities for young people. Honduras could be doing much better in a decade, with more investments for employment and a better educated young work-force meeting international academic and technical standards, but this will require reforms. Meaningful reforms will require a wider public understanding of the forces at work and the obstacles Honduras is facing.
That is the purpose of this book – to help more people become aware of the potential for accelerated economic growth and better employment opportunities for young people.

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