Unemployment in Zimbabwe is only 5.4 percent and this is likely to remain so until next year, according to a chart released by the International Labour Organisation today. Unemployment in Zimbabwe is usually put at between 80 and 90 percent, but the ILO chart shows that unemployment in Zimbabwe has been steady at 5.3 and 5.4 percent. The ILO says that its unemployment rates might be different from those published by national sources due to differences in coverage and definitions. Ironically, according to the ILO chart, while Zimbabweans are flocking to Botswana and South Africa, unemployment is higher in the two countries with Botswana at 18.2 percent and South Africa at 25.1 percent. Former Finance Minister Tendai Biti was booed two years ago when he said Zimbabwe’s unemployment was 9 percent. The ILO says it was 5.3 percent.
(453 VIEWS)
The role of social media on how people get their news in Zimbabwe is being…
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…
View Comments
(Unemployment) not employment .people should be careful .these words confuse .stupied people . 5% maybe employed . But i would put it at 1 percent employed . Not that 5.4% nonsense
Thamanda, it's 5.4% unemployment rate. What it means is that 94.6% of Zimbabweans are employed. Where are you failing to get it?