Davos and Jobs: Probably Much Talk, No Results

Job creation is one of the big topics at the annual meeting of the World Economic Forum in Davos this year. The group sees income disparity, unemployment, and underemployment as likely economic risks facing the world. That should mean that someone will do something to move countries to full employment again, right? If only.

Unfortunately, for all the attention that Davos receives, its influence is actually limited and the chance that it will spark a new urgency among businesses and policy makers, low. Not that people there are uninterested in jobs as an important issue. But the structure of the meetings and their relationship to governments and businesses makes it difficult for change to actually happen.