This economic study comprises fourparts. Part one analyzes the economic performance of Senegalwith a view to understanding how an efficient labor marketis an essential (but not sufficient) condition for achievingsustained and shared growth. This section focuses on therole of the labor market in (i) promoting a virtuous circlebetween economic growth and poverty reduction throughequitable distribution of earned income (which is the mainsource of income for the Senegalese population, accountingfor up to 3/4 of total resources, according to the resultsof the first household survey ESAM-I); and (ii) creating acompetitive and dynamic private sector, as the wage billaccounts for a predominant share of the costs of Senegalesecompanies. The second part of the study focuses on theperspective of companies motivated by the objective ofmaximizing labor productivity to become as competitive aspossible. The third part of the study presents theperspective of workers or that of the search for jobsecurity. The objective is to examine in detail whether thelabor market is capable, not only of offering jobs to themajority of the population, but also whether this jobprovides sufficient income and conditions that allow workersto live free of poverty. The fourth and final part willsummarize lessons learned from the previous parts.
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