Youth Employment Rate at 57pc: Study Finds

Jan 22 , 2022


A study conducted by the Ethiopian Statistics Service reveals that the employment-to-population ratio of youth between the ages of 15 and 29 is 57.4pc at the national level. Close to 51,000 households were studied for the 2021 Labour Force and Migration Survey published last week. The youth employment-to-population ratio in rural areas was 64.9pc while the figure stands at 50.6pc in urban areas, according to the study. The highest ratio was recorded in Benishangul-Gumuz at 70pc among the 336,000 people included in the study. The lowest was observed in the Gambella region at 36.8pc. Of the 1.1 million residents of Addis Abeba included in the study, 44pc are employed.


Radar

Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


Radar

AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Radar

Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


Back
WhatsApp
Telegram
Email