COLOMBO: Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks “squandering its demographic dividend”, the World Bank said on Tuesday.“The danger is the demographic dividend is missed. Its squandered,“ Franziska Ohnsorge, World Bank Chief Economist for South Asia told Reuters.“If only they can be employed. It’s a fantastic opportunity to grow but until recently employment ratios have been falling.”During the period between 2000-23, employment grew 1.7% a year while the working-age population expanded 1.9% a year, data included in the report showed.In absolute terms, the region created an average of 10 mi
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