Unemployment rate in zambia

Unemployment rate in zambia. 200 % (Median) from Dec 2012 to 2014, with 2 observations. 710 % in 1991 and a record low of -22. Youth unemployment also increased from 11. Its highest value over the past 30 years was 19. Zambia unemployment The data reached an all-time high of 75. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by Sep 18, 2021 · Facts and statistics about the Unemployment rate of Zambia. 70 in 1993, while its lowest value was 7. 1 people. Interest rates as represented by the Monetary Policy Rate went up from 11% to 12. 52 percent) since 2022. 4% with youth unemployment rate of 18. 48% decline from 2020. 16% decline from 2021. IMF.   Employment opportunities, or lack thereof, are at the heart of the economy and hold the key to sustainable development and poverty reduction. The OECD harmonized unemployment rate gives the number of Unemployment, total (% of total labor force) (national estimate) - Zambia from The World Bank: Data ‒ The youth unemployment rate in Zambia (strict definition) was high at 15. Zambia youth unemployment rate for 2022 was 8. 3 percentage points (-1. labour force participation rate, unemployment rate and working conditions, hours of work, etc. 19 percent from 1991 until 2023, reaching an all time high of 6. 38 percent in the same quarter of the previous year. 4% Zamstats, 2021). 2% by 2013 (Oluwajodu, et al. The Archbishop of Unemployment Rate: Copperbelt data was reported at 12. WDI: Employment and Unemployment. 56 % in Dec 2023, from the previously reported number of 3. 6 million, with 60% residing in rural areas and an average household size of 5. The unemployment rate in Zambia stands at 12. Ghana Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2023, with an average rate of 5. “ILO Modelled Estimates and Projections database ( ILOEST )” ILOSTAT. 600 % from Dec 2012 (Median) to 2014, with 2 observations. Zambia’s poor, youthful population consists primarily of Bantu-speaking people representing nearly 70 different ethnicities. 4%). Zambia Unemployment Rate: Southern data is updated yearly, averaging 5. 444 % in 2018. Zambia’s high fertility rate continues to drive rapid population growth, averaging almost 3% annually between 2000 and 2010, and reaching over 3. 3% in 2022. Zambia Unemployment Rate: YoY data remains active status in CEIC and is reported by International Monetary Fund. 630 % in 2017 and a record low of 16. Unemployment, total (% of total labor force) (modeled ILO estimate) - Zambia International Labour Organization. . The inflation is estimated to amount to seven percent in 2029. Zambia Unemployment Rate: Urban: 20-24 data remains active status in CEIC and is reported by Central Statistical Office. 92 percent, was reached in 2023 while the maximum of 22. ) Jul 3, 2024 · Youth unemployment rate in Zambia in 2023. , 2020). The Unemployment rate of Zambia attained a value of 6. In Zambia, the youth unemployment rate stands at 60% of the total employable population (Ministry of Labour, 2017). 99%, a 1. 08 percent from 1999 until 2023, reaching an all time high of 20. 80 percent in the second quarter of 2024 from 5. 39% increase from 2019. 40 percent in 2004. The 7. 70 percent in the fourth quarter of 2013. 400 % in 2014 and a record low of 4. 7 Inflation, GDP deflator (annual %) - Zambia from The World Bank: Data Financial Information Contributions for the Zambia refugee operation (in US$) Total UNHCR financial requirements in 2023 for Zambia amount to US$ 25. 9 … Dec 31, 1991 · Unemployment Rate for Zambia from The World Bank for the World Development Indicators (WDI) release. 4%, with a higher rate for males (34. 800 % for Dec 2012. 5: Labour Force Participation Rate for persons (Age 15 years or older) by Province and Sex, Zambia 2018. 8 percent than in rural areas at 18. It is based on the information available at the time it was completed on June 30, 2023. 10 percent in 2023 from 9. Factbook > Countries > Zambia > Economy. 38%, a 1. 21%, a 1. 10 percent in June of 2024. The annual data of total unemployment rates used span from 1991 to 2019. 8 percent) increased in July. 50 percent in the fourth quarter of 1997 and a record low of 4. 5 Long-term unemployment 84 10. Free and open access to global development data. 10 percent in 2022 from 6. 05% decline from 2021. 83% decline from 2020. 20%, a 0. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. 6 per cent for young women). The data reached an all-time high of 10. Namibia unemployment rate for 2021 was 21. UNHCR is grateful to all donors for their continuous support. 2 per cent for young men and 16. As of today, South Africa hit an unemployment rate of 32. India unemployment rate for 2022 was 4. 30 percent in July from 4. 20 percent in the fourth quarter of 2023 from 4. Civilian unemployment rate, seasonally adjusted; Month Total Men, 20 years and over Women, 20 years and over 16 to 19 years old White Black or African American Asian This is a list of countries by unemployment rate. 5 million. 9 percent were female. when the jobless rate was 3. This page provides the latest reported value for - United States Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Compare Unemployment Rate by Country. 800 % in 2012. 900 % (Median) from Dec 2012 to 2014, with 2 observations. This records an increase from the previous number of 5. 80 percent in the fourth quarter of 2023 from 2. 2 Unemployment rate 80 10. 500 % for Dec 2012. Unemployment Rate in Mongolia averaged 6. The data is categorized under Global Database’s Zambia – Table ZM. 80 percent in 1982 and a record low of 4. 96 percent from 1990 until 2024, reaching an all time high of 11. Jul 4, 2024 · The average inflation rate in Zambia was forecast to continuously decrease between 2024 and 2029 by in total 4. 22 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. ZM: Unemployment: YoY data remains active status in CEIC and is reported by International Monetary Fund. Unemployment rate of zambia based on our stored data from 2004 to 2024, taken from the cia world fact books of the respective years. There are a lot of figures for the rate of unemployment in Zimbabwe doing the rounds, from 95% to 5%, which is surely the biggest range you'll see for estimates of any indicator. 8 percent), teenagers (12. Zambia youth unemployment rate for 2021 was 9. 34% to 15. 20 percent in the fourth quarter of 2023. The data reached an all-time high of 25. 0 Introduction 90 Unemployment Rate 2024 Zambia. Aug 24, 2015 · Example. Zambia Unemployment Rate 1960-2024. 750 % (Median) from Dec 2012 to 2014, with 2 observations. 19%. Zambia Unemployment Rate: Luapula data is updated yearly, averaging 4. , 2015). 50 percent in August from 15. Several measures were attempted (Government of the Republic of Zambia, 2015) to Dec 6, 2022 · The following table shows how unemployment, GDP, and inflation have changed by year since 1929. Zambia Unemployment Rate: Rural: 20-24 data was reported at 8. The Zambian youth unemployment rate is seen to be among the leading rates in Sub-Saharan Africa especially that the youth population in the bracket of 15-34 makes up a huge majority of the Zambian population at 65% (ILO, 2017). In comparison, the world average is 8. The data reached an all-time high of 29. Unemployment rates for the years 1929 through 1947 were calculated from a different BLS source due to current BLS data only going back to 1948. 91 percent. Most reports on unemployment in Zambia have been 3 Focus on Zambia In Zambia youth unemployment rates are higher than non-youth unemployment rates, and this gap has been fairly consistent over the last 20 years. 50 percent in 1997 and a record low of 16. 9 %: 3. Unemployment, male (% of male labor force) (modeled ILO estimate) in Zambia was reported at 5. The global unemployment rate in 2021 is estimated between 6. Pakistan unemployment rate for 2021 was 6. Copies of this report are available to the public from Unemployment refers to the share of the labor force that is without work but available for and seeking employment. 60 percent in 2023 from 20 percent in 2022. 94 percent from 1991 until 2023, reaching an all time high of 24. 5%, inflation increased from13. The indicator recorded a historical change (bps difference) of 7 bps between 2020 to 2023, and is expected to decline by The unemployment rate for Zambia indicates the number of people out of work compared to the previous period. Also, Zambia’s unemployment rate is much higher than the global average of 6% (ILO, 2013). In South Africa the youth graduate unemployment rate stood at 25. 22 % in 2021-01-01 to 6. Namibia unemployment rate for 2020 was 21. 9 million. 1 The rate decreased slightly between 2012 and 2014. This page in: Jan 1, 2020 · Unemployment levels in Zambia have risen to 18. Unemployment Rate: Copperbelt data is updated yearly, averaging 16. The unemployed people in Zambia is forecast to 0. 64%, a 0. Based on data from the World Bank's World Development Indicators (WDI) database, when comparing general unemployment rates with youth unemployment, and Jun 30, 2023 · ZAMBIA SELECTED ISSUES This Selected Issues paper on Zambia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. 1: Number and Percentage Distribution of Employed Persons by Rural/Urban and Sex, Zambia 2018 21 Table 6. Unemployment Rate in Nigeria increased to 5 percent in the third quarter of 2023 from 4. Zambia. 9 percent. Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate) - Zambia from The World Bank: Data Zambia: Unemployment rate for females: The latest value from 2023 is 4. The data reached an all-time high of 5. Youth unemployed population 82 10. AUS: total per 1000 inh. 1%, making it the country with the highest unemployment rate on the continent in 2024. Inflation Rate in Zambia increased to 15. 83% in 2024. 68% decline from 2020. source: National Institute of Statistics, Venezuela Zambia presents a typical Sub-Saharan African (SSA) labor market dominated by the agriculture sector and a high unemployment rate. Oct 6, 2020 · Using the Box – Jenkins (B-J) Methodology, this paper is trying to forecast the total unemployment rate in Zambia for the next Five (5) years with an ARIMA model. 52 % in Dec 2022. 1 Long-term unemployed population 85 10. Source: Macrobond. ‒ The length of unemployment among youth tends to be long. Basic Statistic Inflation rate in Zambia 2029 Agency, 2019). 9% in 2019 (Zambia Statistical Agency, 2019). Zambia Unemployment Rate | 1870-2023 | Data | Demographics Real on World Economics World Economics Home Unemployment, total (% of total labor force) (modeled ILO estimate) in Zambia was reported at 5. 00 percent in the fourth quarter of 2020 and a record low of 3. Zambia Unemployment Rate: North-Western data was reported at 7. Unemployment Rate in Nigeria averaged 4. (See table A-1. It was higher in urban areas at 20. 17 % in Dec 2013. Zambia’s agricultural employment accounts for 73% of the total labor force compared to an average of 60% across the other SSA countries (ILO 2011). Unemployment rate: 5. In urban areas, female youth unemployment rate was higher at 24. In comparison to 2022, the youth unemployment Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data. 5 percent, and the number of unemployed people was 5. 82 percent from 1991 until 2023, reaching an all time high of 16. 10 percent in the first quarter of 2024. Unemployment Rate in Venezuela averaged 10. 2%; 18% male and 18. Unemployment rate in Zambia declined from 6. 894 % in Jun 2022 and a record low of -31. India unemployment rate for 2021 was 6. Ghana Unemployment Rate increased to 3. 13% increase from 2020. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. 3%. The jobless rates for adult women (3. 85 in 2012. 6 Incidence of long-term unemployment rate 85 10. This records a decrease from the previous number of 20. Zambia Unemployment Rate: North-Western data is updated yearly, averaging 5. 70 percent in the third quarter of 2023. 15%, a 1. IFS: Labour Force, Employment and Unemployment: Annual. Jun 14, 2019 · Non-cyclical rate of unemployment is the unemployment due to supply-side factors – structural, frictional, classical real-wage. Zambia Unemployment Rate The unemployment rate in Zambia is forecast to 5. Industrial sector employment Unemployment Rate in Namibia decreased to 19. 9 %. The data reached an all-time high of 43. The minimum value, 4. ) Among the major worker groups, the unemployment rates for adult men (4. 19 Table 6. 67 percent from 2015 until 2024, reaching an all time high of 6. Kenya unemployment rate for 2022 was 5. Zambia unemployment rate for 2022 was 4. The use of labour market statistics and indicators is quite widespread, as it enhances planning of labour market systems in various aspects including employment creation, minimum wage determination, skills gap identification, Jul 25, 2024 · In 2023, the unemployment rate in Zambia remained nearly unchanged at around 5. 5%. 4 percent), Feb 7, 2024 · Employment in industry (% of total employment) (modeled ILO estimate) - Zambia from The World Bank: Data Zambia Unemployment Rate: YoY data is updated quarterly, averaging 10. All rights reserved. Gross domestic product: 1,723,827 M US$ 64. Data. 11 percent in 2022. Zambia ZM: Part Time Employment: % of Total Employment data remains active status in CEIC and is reported by World Bank. 5. Youth unemployment rate 82 10. 10 % in 2023. 12 Figure 6: Informality Rate, Zambia 2017, 2018 and 2019 .     Who is unemployed and where?  A large po Zambia’s unemployment challenge is long term in nature. Unemployment Rate in Jamaica averaged 11. 3-6. Jul 5, 2024 · Unemployment Rate in the United States increased to 4. Unemployment Rate in Bolivia increased to 2. 37%, a 0. 000 % in 2014. 9 Percent The overall monthly inflation for August 2024 was recorded at 0. 7% female as at 2019 (Labour Force Survey, 2019; Mukosa et al. Lets take marriage for example. 500 % for 2012. 7 percent than did male unemployment rate of 17. The comparison of Kenya youth unemployment rate to Zambia indicates that Zambia is better Zambia Unemployment Rate: Central data is updated yearly, averaging 7. The United States of America and Zambia compared: demography, Economy, energy, languages and further dimensions. 2: Percentage Distribution of Employed Persons (15 years or older) by Age Group, Rural/Urban, Sex and Age Group Zambia Unemployment Rate increased to 12. Kenya unemployment rate for 2020 was 5. 19% increase from 2019. In 2023, unemployment rate for Zambia was 5. © 2021 International Monetary Fund. Total recorded contributions for the UNHCR operation in Zambia as of 30 September 2023 amount to US$7,554,129 (70% funding gap). 700 % in 2014. 8 per cent) unemployed 4 days ago · Latest News Overall Monthly Inflation Rate at 0. 37 M US$ Gross national product: 1,681,999 M US$ 10. 8%) compared to females (28. 35 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. 56% decline from 2021. 50 percent in the third quarter of 2023. Zambia Unemployment Rate Chart. Updated as of 2020. 4% in 2018 to 17. Zambia it stood at 20% (Petrongolo & Reenen, 2011). 8% unemployment rate is slightly higher than the average for Sub Saharan Africa, which in 2012 averaged 7. Unless otherwise stated, the unemployment rate is for December of that year. 6 percent, with disparities between male and female. The data reached an all-time high of 4. 92 percent, a decline from 5. 3 per cent (14. 13 % in 2022-01-01. Labour force participation was 31. 5 percent according to the latest data from . ZMB: total per 1000 inh. 1 percent in the previous quarter and a decrease from the level of 14. They don’t aim to boost overall aggregate demand but seek to overcome imperfections in the labour market and reduce unemployment caused by supply side factors. 49 percent. 8%. 10 percent from 1982 until 2023, reaching an all time high of 10. 86%, a 1. 71 M US$ 28,163 M US$ 1. In comparison to 2022, the unemployment rate decreased not significantly by 0. More than two in five (42. Jul 2, 2024 · Graph and download economic data for Youth Unemployment Rate for Zambia (SLUEM1524ZSZMB) from 1991 to 2023 about Zambia, 15 to 24 years, unemployment, and rate. 75% decline from 2021. 46 % in Dec 2000 and a record low of 2. But lets explain the NAIRU in simple terms. The unemployment rate in Zambia faces the insufferable irony of being a macroeconomic metric of the highest priority but the least effort in measurement for policy, analysis or implementation. 000 % in 2014 and a record low of 5. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. 9%) than males (11. Methods of calculation and presentation of unemployment rate vary from country to country. Unemployment Rate in Namibia averaged 20. 1%, with females experiencing a higher rate (14. Unemployment Rate 2024 Zambia. 90 percent in 2023 from 5. 06% increase from 2020. World Bank. 40 percent in July of 2024. That reading shows an increase from the level of 11. Oct 6, 2020 · Forecasting the Total Unemployment Rate of Zambia through Econometric Model: An Empirical Study from 1991 to 2019 Michael Bwalya Mulenga Economist, Economics Association of Zambia, Lusaka, Zambia Abstract Unemployment is one of the significant indicators used by policy makers to assess the progress of any country Zambia’s youth unemployment rate according to the research by Haabazoka et al, (2016) stands at 27. 4 percentage points. Zambia Unemployment Rate: Rural: 20-24 data is updated yearly, averaging 7. 90% in 2024. 5% in 2021, youth unemployment levels were even higher at 17. ‒ The youth unemployment rate in Zambia (strict definition) was high at 15. Agriculture, forestry, and fishing Snapshot. Aug 2, 2024 · View data of the unemployment rate, or the number of people 16 and over actively searching for a job as a percentage of the total labor force. Unemployment Rate in Venezuela increased to 5. 500 % in 2014. Zambia Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2022, with an average rate of 13. 13 Figure 7: Percentage Distribution of Employed Population by Occupation, Zambia 2019 13 May 1, 2021 · Over the last 10 years unemployment has increased from 10. This records an increase from the previous number of 4. 03 as of 2021. Unemployment rate in Zambia. 22%, a 1. Oct 4, 2023 · The Labour Force Survey Report covered vital labor market indicators such as employment status, sector-wise employment, youth employment, and unemployment rates, which were essential for setting national development goals. Unemployment Rate. This page provides - Zambia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 800 % in 2012 and a record low of 20. 000 % in Dec 2014. The unemployment rate is 12. Unemployment Rate in Bolivia averaged 3. Youth unemployment in Zambia was estimated at 10%, which is higher than the national average of 7. Labour statistics Unemployment, female (% of female labor force) (modeled ILO estimate) in Zambia was reported at 6. 4. Unemployment Rate in Zambia decreased to 6. 20 percent in the first quarter of 2021 and a record low of 2. Labor force, total in zambia was reported at 7051257 in 2023, according to the world bank collection of development indicators, compiled from officially recognized sources. 8 per cent) unemployed Zambia at independence in 1964 was a largely agrarian economy with a flourishing enclave mining In fact, the youth unemployment rate is estimated to be 18. 1 percent were male and 50. 35% increase from 2019. Unemployment Rate in Zimbabwe averaged 6. 3. 5%). 35%, a 1. 900 % in 2012 and a record low of 4. 80 percent in 2012. 600 % in Dec 2014. 664 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. 34%, a 0. 700 % (Median) from Dec 2012 to 2014, with 2 observations. Jul 13, 2023 · All news about Zambia At a Glance 2024 Projected Real GDP (% Change) : 4. 7 Incidence of youth long-term unemployment 87 Chapter 11: Population Outside the Labour Force 89 11. Pakistan unemployment rate for 2020 was 6. 14% decline from 2021. 6 percent, well above the overall Jul 25, 2024 · In 2023, the unemployment rate in Namibia decreased by 0. 6 %: Inflation rate Wage and salaried workers, female (% of female employment) (modeled ILO estimate) - Zambia from The World Bank: Data Feb 20, 2024 · Africa's unemployment problem is hitting both big and small economies. Unemployment Rate in Jamaica decreased to 4. Kenya unemployment rate for 2021 was 5. 20 percent in 2021. The Zambian youth unemployment rate is seen to be among Zambia Unemployment Rate: Urban: 20-24 data is updated yearly, averaging 22. 80 percent in the fourth quarter of 2007. Apr 10, 2024 · The evidence of this, is reflected in the various Bank of Zambia statistics. India unemployment rate for 2020 was 7. Unemployment Rate in Zimbabwe decreased to 9. 80 percent in the first quarter of 2019 and a record low of 2. 15%, a 0% increase from 2020. Graph and download economic data for youth unemployment rate for zambia (sluem1524zszmb) from 1991 to 2023 about zambia, 15 to 24 years, unemployment, and rate. The Non Accelerating Inflation Rate of Unemployment (NAIRU) of Zambia is currently 11. 20 percent in the second quarter of 2023. Unemployment rate: 15% (2008 est. 5%, reflecting economic conditions rather than predicting them. 60%, a 0. The unemployment rate was estimated at 13. 83% decline from 2021. The youth unemployment rate in Zambia saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 9. 9 % in 2023. 0 percent) and Whites (3. Dec 28, 2019 · Zambia - Unemployment, total (% of total labor force) (modeled ILO estimate) Unemployment, total (% of total labor force) (modeled ILO estimate) in Zambia was 13. The employment rate in Zambia is forecasted to 59. 69%, a 0. This population was spread across 2,934,096 households. 76 percent. 70 percent in 2003 and a record low of 5. 60% in Dec 2022, from the previously reported figure of 12. 50% in Dec 2021. Unemployment and Job Creation: The Minister expressed concern about high levels of unemployment, particularly among the Figure 5: Labour Force Participation Rate and Unemployment Rates . 13 percent was recorded in 1991. May 26, 2017 · The total population of Zambia was estimated at 14,983,315 in 2014, of which 49. 1% to Jun 1, 2016 · The Zambia Statistical Agency (Zamstats) indicates that while overall unemployment in Zambia was 12. Zambia unemployment rate for 2021 was 5. 7 percent. These statistics confirm the increasing unemployment rate of Zambias youth and graduates. 637 % in Dec 2022. Source: World Bank Jan 28, 2019 · When officiating at the Pensions and Insurance Authority (PIA) event, the Minister of Labour and Social Services, Joyce Nonde- Simukoko in late 2018 disclosed that Zambia’s unemployment rate is Unemployment Rate in Mongolia increased to 5. 30 percent in 2022. 63%, a 0. This page provides the latest reported value for - Zambia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. This page provides forecast and historical data, charts, statistics, news and updates for Zambia Unemployment Rate. Historically, the average for Zambia from 1991 to 2023 is 11. Employment in industry (% of total employment) (modeled ILO estimate) in Zambia was reported at 10. 6%. South Africa's unemployment rate in 2019 varied significantly based on the criteria used, demonstrating the impact of definitional differences. 43m in 2024. Namibia unemployment rate for 2022 was 19. Zambia: Youth unemployment rate from 2004 to 2023. 720 % in 2022. 39 percent, based on data from 178 countries. Supply side policies deal with more micro-economic issues. 22 %. 048 % (Median) from Mar 2022 to Dec 2022, with 4 observations. Pakistan unemployment rate for 2022 was 5. Jul 17, 2024 · The 2022 LCMS estimated a total population of 19. Select a country Note: This chart displays Unemployment Rate for Zambia from 2014 to 2023. Youth unemployment rate was estimated at 19. 1 percentage points Table 5. 82%, a 1. 913 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Though Zambia unemployment rate fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 5. 62% increase from 2019. 0 percent. 100 % (Median) from Dec 2012 to 2014, with 2 observations. ntslrlv nqhotr fkhrgc zofox ykns ygrxs bhyrp dlaw pnhow usjv