This paper develops a general frameworkto inform the design of a new generation of jobs lendingoperations. The paper discusses the rationale for developingjobs focused lending operations with specific targets interms of job creation, job quality, and labor marketsoutcomes for vulnerable population groups. It reviews thecurrent portfolio of jobs-flagged lending operations,discusses the limitations of existing interventions, andoutlines options to optimize countries lending portfoliosand develop new, integrated, jobs lending operations on thebasis of jobs diagnostics and jobs strategies. The paperprovides examples of innovative projects that are currentlyunder preparation or implementation, including jobsinvestment projects that link supply-side and demand sideinterventions; jobs Program for Results (PforRs), and jobsDevelopment Policy Lending. The final section describes thetypes of monitoring and evaluation systems that these newprojects would require to track jobs outcomes.