In this week’s special edition episode of the This Week in Global Development podcast, sponsored by the International Youth Foundation and the Caterpillar Foundation, we examine how shifting labor markets, automation, and artificial intelligence are reshaping the job landscape, leaving millions of young people out of work even as employers face widespread skill shortages. We’re joined by Christina Sass, president and CEO of IYF, and Asha Varghese, president of the Caterpillar Foundation and head of corporate social responsibility for Caterpillar Inc., to explore why addressing this transition from education to employment is not just a youth issue, but a critical development priority.
The discussion also looks at the power of long-term partnerships in creating systemic, scalable workforce solutions. Highlighting nearly two decades of collaboration through the EquipYouth initiative, and tens of thousands of young people reached, our guests share how combining technical training with essential life skills builds youth agency, resilience, and lasting economic opportunity. The conversation also delves into aligning hiring and training with evolving local and global industry needs, navigating the impacts of AI, and why long-term ecosystem investments outperform short-term grants in achieving sustainable solutions.