10 African Countries With The Lowest Unemployment Rate In 2024 Surfaces

Date: 26-02-2024 9:50 am (1 year ago) | Author: onuigbo felicia
- at 26-02-2024 09:50 AM (1 year ago)
(f)

The issue of unemployment remains a significant challenge across Africa, despite various initiatives implemented by governments to address it. The severity of the problem has prompted African leaders to adopt declarations aimed at tackling unemployment, highlighting its widespread impact on the continent's population.

Countries of all sizes across Africa are grappling with high unemployment rates. South Africa, for instance, faces an unemployment rate of 32.1%, the highest on the continent, followed by Djibouti and Eswatini with rates of approximately 28% and 25%, respectively.

However, amidst this challenge, some African countries have made notable progress in reducing unemployment. Factors contributing to this positive shift include economic reforms, increased investments in key sectors, and the emergence of new opportunities.

Achieving low unemployment rates in certain African countries has several positive effects on their economies. When more people are employed, there is increased spending, improved consumer confidence, and a higher demand for goods and services, all of which contribute to economic growth.

According to Statista, Niger leads with the lowest unemployment rate at 0.49%, followed closely by Chad and Benin at 0.98% and 1.28%, respectively. These countries serve as examples of successful efforts to address unemployment, providing insights into strategies that other nations could potentially adopt to combat this pressing issue.

Below are 10 African countries with the lowest unemployment rate in 2024:
Rank   Country   Unemployment rate
Quote
1   Niger   0.49%
2   Burundi   0.98%
3   Chad   1.28%
4   Benin   1.58%
5   Madagascar   2.07%
6   Côte d'Ivoire   2.61%
7   Tanzania   2.92%
8   Mali   2.94%
9   Senegal   3.34%
10   Liberia   3.56%

Posted: at 26-02-2024 09:50 AM (1 year ago) | Addicted Hero
- gogoman at 26-02-2024 11:18 AM (1 year ago)
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Of course in those countries, people/ citizens wake up to find something to do!! some are farmers!! fruit seller!!! u don't have to be a doctor or stupud engineer!! oh, come to Nigeria we all want to be bankers!! doing mass comm for uni... very foolish set of people those Nigerians  Roll Eyes Roll Eyes Roll Eyes
Posted: at 26-02-2024 11:18 AM (1 year ago) | Grande Master
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- kp45 at 26-02-2024 12:23 PM (1 year ago)
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It's a shame
Posted: at 26-02-2024 12:23 PM (1 year ago) | Addicted Hero
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