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

High-Level Event Aims to Address Humanitarian Crisis

Development partners and government officials are expected to discuss improved humanitarian responses at a crucial event in Geneva, Switzerland this week. Co-hosted by the Ethiopian government and the UN Office for the Coordination of Humanitarian Affairs (OCHA), the primary goal is to secure pledges from both development partners and the government, according to officials. Millions face hardship due to conflicts, economic downturns, climate shocks, and disease outbreaks, according to a UN st...


Radar

Mastercard Announces Up to $2.5m Grants for Agribusinesses

Small and medium enterprises (SMEs) in the agricultural sector are poised for financial support as the Mastercard Foundation Fund pledges to award grants over the next three years. The Agribusiness Challenge Fund will award grants ranging from half a million dollars to 2.5 million dollars to qualifying businesses in Ethiopia and 19 other countries. According to Smita Sanghrajika, an engagement partner at the Foundation, agribusinesses have lacked the financial resources needed to scale up and...


Radar

Document Authentication Service Gets Fee Revamp

The Council of Ministers approved a new regulation for the Federal Document Authentication & Registration Service last week which introduces a two-tier fee structure for citizens and foreigners, with an overall increase. Beginning at 100 Br for citizens seeking document authentication for an assigning agency of single documents, the ceiling goes up to 500 Br while foreigners pay double these rates. Implementation of the new fees began this week. These changes come alongside a digitisat...


Back
WhatsApp
Telegram
Email