DR1 Daily News - Dominican Republic

The resident representative of the World Bank in the Dominican Republic, Alexandria Valerio urged the Dominican Republic to step up the pace of locally riding the wave of technological progress to transform the labor market.

Valerio cites findings in the report “The Future of Work in Central America and the Dominican Republic” that indicate that automation can create new jobs that benefit both employees and businesses, with lower costs and increased productivity.

She stresses the challenges are multiple and mentions high levels of informality, a significant number of young people who are neither working nor studying (“ninis”), and persistent gender disparities in labor force participation. There is also a mismatch between the skills taught and those needed: nearly 40% of employers report difficulties filling vacancies due to a lack of technical skills or work experience.

Adding to these...