What is the unemployment rate in Africa 2020?
PRETORIA, June 1 (Reuters) – South Africa’s unemployment rate rose to a new record high of 32.6% in the first quarter of 2021 from 32.5% in the final quarter of 2020, the statistics agency said on Tuesday. The rate was the highest since the quarterly labour force survey began in 2008.
What is the unemployment rate in African countries?
Unemployment Rate | Africa
Which African country has the highest unemployment rate?
Recently published labor force data from Africa’s two largest economies, Nigeria and South Africa, show very high unemployment rates, with nearly one in two young people between 15 and 34 without a job.
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.
Which country has most unemployment?
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent.
Which country has the best unemployment benefits?
Countries With the best unemployment benefits
- Luxembourg. Luxembourg has a net replacement rate of 86% of their average wage and 94% for people making minimum wage. …
- Bulgaria. …
- Portugal. …
- Switzerland. …
- Netherlands. …
- France. …
- Germany. …
Which country has more unemployment?
Country Comparison > Unemployment rate
|Rank||Country||Unemployment rate (%)|
Why is Nigeria unemployment so high?
What’s driving unemployment in Nigeria? One factor is the critically poor state of the economy. The economy has not been in good shape for the past five years and first went into a recession in 2016. In 2020 in the wake of the COVID-19 pandemic it plunged into another recession – its worst in four decades.
What city has the worst unemployment rate?
As of June 2021, the unemployment rate was highest in the Las Vegas-Henderson-Paradise, NV metropolitan area, and stood at 9.6 percent.
|Salt Lake City, UT||3.2%|