Millions will return from formal employment to the informal sector and from cities to rural areas.
The church argued it could not be held liable as no formal employment relationship with its clergy existed.
Haiti is currently struggling with 75% unemployment, forcing many into entrepreneurship in the absence of formal employment opportunities.
It claims it can not be held vicariously responsible because there was no formal employment relationship with its priests.
The recent expansion of credit to such companies has helped to boost formal employment and shrink the informal economy, especially in Brazil.
Parents continue to hold strongly to the belief that their child will succeed at school and gain one of the scarce formal employment opportunities.
At a time when, by one estimate, only one new entrant to the labour market in 30 finds formal employment, this would do the poor no favours.
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It is not overwhelming at this stage but parents will become more discerning and conscious of the number of grade 10 and 12 graduates who fail to secure formal employment or higher education opportunities.
Participants who pass this test are awarded high school graduation certificates by the Department of Education, which enable them to continue to higher education or seek formal employment at a similar level to formal school graduates.
"While wages are still relatively low in Mexico, employment growth has been quite strong for two years running, especially formal sector employment that comes with some fringe benefits, " said Pia Orrenius, senior economist at the Federal Reserve Bank of Dallas.
It also has a gender component -- formal sector employment for females has increased 136% in the last twenty years.
Between 2003 and 2011, about 30 million Brazilians joined the so-called "new middle class, " earning between GBP100 and GBP400 per capita per month, and gaining access to formal sector employment, credit, and the country's large consumer market.
Employment in the formal sector is up and wages have risen too.
The consultation follows a formal review, commissioned by the Department for Employment and Learning (DEL) and the Department of Education, of whether the scheme is meeting its original objectives.
The average employer spends 350 days a year of management time dealing with formal disciplinary and grievance cases as well as employment tribunal applications, said the Chartered Institute of Personnel and Development (CIPD), which welcomed the move.
Schwab emphasized a further erosion of unilateral power and formal structures, a technological revolution with dramatic redefinition of employment opportunities, and the broad based acceleration of the complexity of global challenges.
The company said formal bids would be assessed against a range of criteria, including the continued employment of disabled people by any potential new owner.
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