October 24, 2024
Creating Opportunities for Decent Employment of Women and Young People Through Non-Formal Skills Development
This case study tells the story of RECONOMY’s journey in Armenia. We have written before about what RECONOMY is, what it does, and what its ambitions are. We cherish the term “starting afresh”, which captures RECONOMY’s mission to revitalize the economies in the Eastern Partnership (EaP) and the Western Balkan regions. Each of us at RECONOMY considers this fresh start when planning how to enable women and young people, in particular the disadvantaged groups, to raise their income and find decent work.
When done properly, skill development can decrease unemployment and underemployment, boost productivity, and raise living standards. It makes economic sense to support people, especially women, youth, and those from disadvantaged groups in developing and updating their skill sets by supporting local market actors in offering sustainable demand-driven training. Such interventions prove the above!