The International Labor Organization estimates that over four million young Indonesians are currently unemployed. Scaleup companies, defined as firms with a minimum of 20% average annual employment growth, are critical to creating employment opportunities for these young people. Scaleup businesses represent just 16% of the nation’s firms, but created 52% of net new jobs over the past three years, according to data from the World Bank Enterprise Surveys.
To download the full report and learn more about its methodology, click here. More information about this research is also available on the Endeavor blog.
No Comments