Youth unemployment across Africa is high, at 30.6% in North Africa, the second-highest rate of a region globally, whilst in sub-Saharan Africa the rate is declining, to 12.9% in 2016. Youth unemployment levels vary from 53.6% in Swaziland and 52.3% in South Africa, to 3.3% in Rwanda in 2016.
What is the youth unemployment rate in Africa?
Youths account for 60% of all of Africa’s jobless, according to the World Bank. In North Africa, the youth unemployment rate is 25% but is even greater in Botswana, the Republic of the Congo, Senegal, and South Africa, among others.
How many Nigerian youths are unemployed?
|Youth Unemployment Rate||53.40||11.70|
How many are unemployed in Africa?
The number of people employed rose 333,000 to 15 million. The number of unemployed climbed 701,000 to 7.2 million.
What is the current rate of unemployment in Africa?
Currently, 33.3% or 23.2 million of the about 70 million people who should be working in Nigeria are out of work. An acceptable level of unemployment would be 4%-6%. The country’s underemployment rate – people who work less than 20 hours a week – is also high at 22.8%.
Which country is the richest in Africa?
Nigeria is the richest and most populous country in Africa. The country’s large population of 211 million is a likely contributor to its large GDP. Nigeria is a middle-income, mixed economy and emerging market with growing financial, service, communications, and technology sectors.
Which African country has the highest unemployment rate?
Highest Unemployment Rates
- South Africa: 28.5%
- Occupied Palestinian Territories: 26.1%
- Lesotho: 22.8%
- Eswatini: 22%5
How bad is crime in Nigeria?
Crime is prevalent throughout Nigeria. … U.S. visitors and residents have been victims of a wide range of violent crime, including armed robbery, assault, burglary, carjacking, rape, kidnapping, and extortion. The mostly commonly reported crimes are armed robbery, kidnap for ransom, and fraud.
What is the current unemployment rate 2020?
Bureau of Labor Statistics
The unemployment rate decreased by 1.0 percentage point to 6.9 percent in October 2020. That was the sixth consecutive month the rate has declined, but it was still nearly twice the February rate of 3.5 percent.
Which state in Nigeria has the highest rate of unemployment?
The report indicates that Nigeria’s unemployment rate jumped to 33.3% in the period under review.
States With Highest Unemployment Rate
- Imo state (56.64%)
- Adamawa state (54.89%)
- Cross Rivers state (53.65%)
Why is unemployment so high in Africa?
Inadequate education and lack of productivity is costing jobs. Unemployment increases progressively with decreased educational levels; and the education system is not producing the skills for the labour market. Labour supply is affected by the increase in the number of job seekers over the years.
What country has the highest unemployment rate?
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent.
What is the poverty rate in Africa?
Poverty in Africa
In 2021, there are 490 million people in Africa living in extreme poverty, or 36% of the total population. This number is up from 481 million in 2019. Although this is an increase of just over 9 million, it represents an overall decrease as the population increased by roughly 30 million.
Is it hard to get a job in Nigeria?
Getting a job in Nigeria may seem as difficult as it is to find gold on the street. The number of job seekers seems to have exceeded the number of available jobs: There is an inequality, a discrepancy that may not be balanced in a very long time.
What is South Africa’s unemployment rate 2020?
The unemployment rate increased from 30,8% in quarter 3 of 2020 to 32,5% in quarter 4 of 2020, the highest unemployment rate recorded since the start of the QLFS in 2008.
What is highest unemployment rate?
In April 2020, the unemployment rate reached 14.8%—the highest rate observed since data collection began in 1948. In May 2021, unemployment remained higher (5.8%) than it had been in February 2020 (3.5%).