... that massively creates jobs,

Quality economic growth means primarily that rapid output increases are translated into employment creation. Unfortunately, rates of unemployment have remained high (Figure 1.1), averaging 10 percent in 1990-2005 and 7.5 percent in 2006-2010, (note that the data before and after 2005 cannot be compared owing to a change in the unemployment definition adopted that year). Underemployment has also been widespread, with rates hovering at around 18-20 percent in the late 2000s. This remarkably contrasts with countries such as PR China, Malaysia, and Thailand, where unemployment has remained at 4 percent or lower over the same period.