Investment Rating - The report does not explicitly provide an investment rating for the dual apprenticeship program in Côte d'Ivoire, but it indicates that the program is effective in improving youth employment outcomes and reducing working poverty, suggesting a positive outlook for investment in similar initiatives. Core Insights - The dual apprenticeship program leads to a 14 to 20 percent increase in youth earnings two to five years after completion, with significant gains across the earnings distribution [4][14][62] - The program reduces the share of youth in extreme working poverty by 7.3 percentage points and working poverty by 6.9 percentage points, indicating a substantial impact on poverty reduction [14][40][64] - The earnings gains primarily arise from self-employment rather than wage employment, highlighting the program's effectiveness in enhancing skills and productivity in informal labor markets [15][50][63] Summary by Sections Introduction - The report addresses the challenges of low-paying jobs and high working poverty in low- and middle-income economies, emphasizing the need for effective skills training programs [11][12] Experimental Design and Data - The dual apprenticeship program was implemented as a randomized controlled trial targeting youth aged 18 to 24 in Côte d'Ivoire, combining on-the-job training with technical skills training [22][24] Results - Earnings increased by 9,394 FCFA (15%) two years post-program, with sustained increases of 11,505 FCFA (19.6%) and 12,127 FCFA (13.5%) three and five years post-program, respectively [40][60] - The program significantly reduced the incidence of extreme working poverty and improved task complexity and productivity among participants [40][43][64] - The increase in earnings was primarily driven by self-employment, which rose by 6,138 FCFA (26.7%) post-program, while wage employment did not show significant gains [50][52] Conclusion - The findings suggest that dual apprenticeships can effectively reduce working poverty and improve employment outcomes in informal economies, providing a viable pathway for skill upgrading and better-paying jobs [62][63][64]