Unemployment rate zambia 2023

Unemployment rate zambia 2023. 5% in April 2024 from 8. Total recorded contributions for the UNHCR operation in Zambia as of 30 September 2023 amount to US$7,554,129 (70% funding gap). Myanmar unemployment rate for 2021 was 4. gov or . Feb 2, 2024 · In the fourth quarter of 2023, the unemployment rate averaged 3. The seasonally-adjusted jobless rate in Turkey edged down to 8. Zambia: Unemployment rate from 2004 to 2023. Federal government websites often end in . 99%, a 1. 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 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. labour force participation rate, unemployment rate and working conditions, hours of work, etc. Unemployment, total (% of total labor force) (modeled ILO estimate) - India from The World Bank: Data Unemployment Rate in Uganda averaged 3. 92 percent, was reached in 2023 while the maximum of 22. 8% depreciation in 2023. 20 percent in the second quarter of 2023. Unemployment Rate in Venezuela averaged 10. Kenya unemployment rate for 2020 was 5. Unemployment Rate in Jamaica decreased to 4. Franklin D. 16 percent from 1977 until 2024, reaching an all time high of 7. 9 million in the fourth quarter, decreased over the year. Namibia unemployment rate for 2021 was 21. SDG indicator 8. Ghana Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2023, with an average rate of 5. Pakistan unemployment rate for 2022 was 5. 20 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. According to the Bureau of Labor Statistics, the U. In 2023, unemployment rate for Zambia was 5. Unemployment Rate in Zimbabwe decreased to 9. Unemployment Rate in Zimbabwe averaged 6. 40 percent in 2004. 21%, a 1. Zambia: Youth unemployment, ages 15-24: The latest value from 2023 is 7. 34%, a 2. 75 percent in the first quarter of 1986 and a record low of 0. labor market continued to recover from the recession induced by the COVID-19 pandemic. 720 % in 2022. 2 percent, had a rate higher than the national figure. ) Among the major worker groups, the unemployment rates for adult men (4. The indicator recorded a historical change (bps difference) of 7 bps between 2020 to 2023, and is expected to decline by GlobalData projects the figure to change by 30 bps between 2024 and 2028, reaching Unemployment Rate in Mongolia increased to 5. 80 percent in the first quarter of 2019 and a record low of 2. 80 percent in the fourth quarter of 2007. Data. 47 percent in the fourth quarter of 2012. In 2023, the unemployment rate in Zambia remained nearly unchanged at around 5. 92 percent, a decline from 5. 60 percent in February of 1999 and a record low of 2. 9 %. Pakistan unemployment rate for 2020 was 6. 22 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Mar 1, 2024 · Regional Unemployment In 2023, the West was the only census region to post a change in its annual average unemployment rate from 2022 (+0. 16% decline from 2021. ‒ The length of unemployment among youth tends to be long. 7 2,375. 5 million. 1 The number of unemployed people was 6. 34%, a 0. (See table A-1. Zambia’s poor, youthful population consists primarily of Bantu-speaking people representing nearly 70 different ethnicities. 48%, a 1. 75% decline from 2021. “ Great Depression Facts . 50 percent in 1997 and a record low of 16. 86% increase from 2020. In the long-term, the Panama Unemployment Rate is projected to trend around 7. mil. 1%). 63%, a 0. 38% decline from 2021. 68% decline from 2020. 30 percent in 2020 and a record low of 2. The minimum value, 7. 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. 3% Unemployment Rate in Bolivia increased to 2. The Unemployment rate in urban areas 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. Source: Macrobond. 5 percent, and the number of unemployed people was 5. 4 percentage points (+6. Zambia ZM: Part Time Employment: % of Total Employment data remains active status in CEIC and is reported by World Bank. 9 million. 70 percent in the fourth quarter of 2013. 20 percent in the fourth quarter of 2023 from 4. The youth unemployment rate in Zambia saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 9. National debt of Zambia 2023; National debt of Zambia in relation to gross domestic product (GDP) 2023; Unemployment, female (% of female labor force) (modeled ILO estimate) in Zambia was reported at 6. Zambia’s high fertility rate continues to drive rapid population growth, averaging almost 3% annually between 2000 and 2010, and reaching over 3. 39 percent, based on data from 178 countries. 83% decline from 2021. 3 percent in June Mar 31, 2024 · US Unemployment Rate is at 4. Unemployment Rate in Thailand averaged 2. Unemployment Rate in Tanzania is expected to reach 8. Unemployment Rate in Russia averaged 6. 4 days ago · 2023 IAOS-ISI Conference Latest News Overall Monthly Inflation Rate at 0. 70 percent in 2024 and 8. Unemployment Rate in Jamaica averaged 11. Unemployment, total (% of total labor force) (modeled ILO estimate) in Zambia was reported at 5. 05% decline from 2021. 39% increase from 2019. 0% -7. 52 % in Dec 2022. 20 percent in the first quarter of 2021 and a record low of 2. Historically, the average for Zambia from 1991 to 2023 is 21. 13 percent was recorded in 1991. Norway's seasonally adjusted unemployment rate declined to 3. 56% decline from 2021. 35 percent - this was roughly 3. Zambia - Labor force, total - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2024. unemployment rate of high school graduates and dropouts 2023. 30 percent in 2024 and 7. source: World Bank Unemployment Rate in Uganda is expected to reach 4. Jul 5, 2024 · In 2021, the unemployment rate among the United States workforce was approximately 5. 8%. World Bank. Unemployment Rate in Fiji averaged 5. 62% increase from 2019. 6 percent, 0. 9 Inflation Rate in Zambia increased to 15. The unemployment rate in Q2 2023 was 4. 20%, a 0. 9% -0. 80 percent in 2020 and a record low of 1. National debt of Zambia 2023; National debt of Zambia in relation to gross domestic product (GDP) 2023; 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. 06% increase from 2020. 11 percent in 2022. 40 percent in July. In the long-term, the Zambia Unemployment Rate is projected to trend around 6. 60%, a 0. 70 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. unemployment rate was 3. 9% in July 2024 from 4. 90 percent in 2005. 2 percentage point). National debt of Zambia 2023; National debt of Zambia in relation to gross domestic product (GDP) 2023; Jul 3, 2024 · Unemployment rate in Zambia 2023. ” Ghana Unemployment Rate increased to 3. 10 percent in the fourth quarter of 2023. 81 percent in the fourth quarter of 2023. This is lower than the long term average of 5. Unemployment, youth total (% of total labor force ages 15-24) (modeled ILO estimate) - Zambia from The World Bank: Data. 4 percent, and South, 3. Apr 9, 2024 · Combined with the uncertainty in finalizing Zambia’s debt restructuring, this put pressure on the exchange rate, leading to 41. Econometric Results and Discussion The variable used in the analysis is total unemployment (%) of the total labour force) that span from 1991 to 2019. 20 percent in the third quarter of 1991 and a record low of 3. 0 Jan 20, 2024 · Lusaka - Zambia: By Mwansa Chalwe Snr. In PHI, no ZESCO power since morning, and same trend these past few days, even before Unemployment, male (% of male labor force) (modeled ILO estimate) in Zambia was reported at 5. The data is categorized under Global Database’s Zambia – Table ZM. With a decline of 0. 80 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. . Unemployment Rate in Zambia is expected to reach 6. rate in 2023, while the West, 4. 52 percent) since 2022. 66 percent from 1983 until 2024, reaching an all time high of 19. In 2023, Africa’s average young unemployment rate will be around 12 per cent. 70 percent in 2003 and a record low of 5. Unemployment Rate in Venezuela increased to 5. Jul 3, 2024 · U. 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. The minimum value, 4. unemployment rate of Mexican Americans 1990-2023 Premium Statistic Unemployment rate of men in Germany 2001-2023 Jul 25, 2024 · In 2023, the unemployment rate in Botswana remained nearly unchanged at around 23. India unemployment rate for 2020 was 7. Youth unemployment rate in Zambia in 2023; The most important statistics. It is based on the information available at the time it was completed on June 30, 2023. The unemployment rate for Zambia indicates the number of people out of work compared to the previous period. Geo coverage is over 150 countries. 1991 - 2023 Jul 5, 2024 · Unemployment Rate in the United States increased to 4. Note: This chart displays Unemployment Rate for Zambia from 2014 to 2023. Published by. 00 percent in 2025, according to our econometric models. 48% decline from 2020. 5%, inflation increased from13. 40 percent in the first quarter of 2024. 0 Summary of 2023 First Quarter QLFS Findings Tables 1a and 1b show key findings obtained from 2023 first quarter QLFS in comparison with Inflation, GDP deflator (annual %) - Zambia. Myanmar unemployment rate for 2020 was 1. 20 percent in the second quarter of 2024 from 9. Unemployment Rate in Serbia averaged 14. 56 % in Dec 2023, from the previously reported number of 3. 35% increase from 2019. Namibia unemployment rate for 2022 was 19. The WDI contains over 900 indicators per country and covers topics including BOP, business, demographics, external debt, education, tourism, tax, etc. 3% in 2022. What was the unemployment rate in Zambia in 2022? In 2022, the unemployment rate in Zambia remained nearly unchanged at around 6. Unemployment Rate in Mauritius increased to 6. Jul 25, 2024 · In 2023, the unemployment rate in Namibia decreased by 0. 10% last month and 3. Before sharing sensitive information, make sure you're on a federal government site. 30 percent in July from 4. Zambia unemployment rate for 2022 was 4. 7% from 69. 630 % in 2017 and a record low of 16. 69%, a 0. 1% in the previous month. Interest rates as represented by the Monetary Policy Rate went up from 11% to 12. 00 percent in the fourth quarter of 2020 and a record low of 3. S. 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. 1 The rate decreased slightly between 2012 and 2014. Unemployment rate of high school graduates and dropouts not enrolled in school in the United States from 2000 to 2023. Basic Statistic Youth unemployment rate in Zambia in 2023 The data reached an all-time high of 29. With this load shedding, things will be bad for the 2024 economy. 92 percent from 1992 until 2024, reaching an all time high of 14. 8 percent lower than the unemployment rate in 2020, during the first year of Unemployment refers to the share of the labor force that is without work but available for and seeking employment. The nation has one of the highest unemployment rates in Africa and the world despite being the most industrialized economy in Africa and a member of the G20. 9% in Q1 2023. 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. 9%. 50% last year. Aug 21, 2024 · Monthly unemployment rate in the EU and Euro area 2019-2023 Latin America & Caribbean: unemployment rate 2023, by country Quarterly unemployment rate in France 2nd quarter 2023 4 5. National debt of Zambia 2023; National debt of Zambia in relation to gross domestic product (GDP) 2023; Unemployment Rate in Serbia decreased to 8. 20 percent in the fourth quarter of 2021. 91 percent, was reached in 2023 while the maximum of 35. 16 percent from 1991 until 2023, reaching an all time high of 3. 30%, compared to 4. 19% increase from 2019. Apr 10, 2024 · The evidence of this, is reflected in the various Bank of Zambia statistics. 80 percent in 2012. In the long-term, the Tanzania Unemployment Rate is projected to trend around 8. Though Zambia unemployment rate fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 5. 2%, this is an increase of 0. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data. Zambia youth unemployment rate for 2022 was 8. UNHCR is grateful to all donors for their continuous support. More than two in five (42. 2 - Unemployment rate by disability status (%) Annual: SDG Labour Market Indicators (ILOSDG) Unemployment The . source: World Bank Unemployment Rate in Namibia is expected to reach 20. India unemployment rate for 2022 was 4. Roosevelt Presidential Library and Museum. 78 percent from 1991 until 2023, reaching an all time high of 5. Zambia: Unemployment rate for females: The latest value from 2023 is 4. Unemployment Rate in Mongolia averaged 6. Unemployment Rate in New Zealand averaged 5. Unemployment Rate in Nigeria increased to 5 percent in the third quarter of 2023 from 4. 80 percent in the fourth quarter of 2023 from 2. Zambia unemployment rate for 2021 was 5. 8 1,573. 67 percent from 2015 until 2024, reaching an all time high of 6. 2 percentage points (-0. The US Unemployment Rate measures the percentage of total employees in the United States that are a part of the labor force, but are without a job. 95 percent. 85 percent), there is no significant change to 2022. 90 percent in the second quarter of 2020. Zambia Unemployment Rate 1960-2024. The rate of unemployment among persons with post-secondary education was 8% in Q2 2023. 888 million, with the employment rate edging down to 69. The jobless rates for adult women (3. 37%, a 0. By May 2020, the unemployment rate may have risen as high as 16%. Unemployment Rate in Burundi remained unchanged at 0. 20 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. 90 percent in 2023 from 5. Zambia Unemployment Rate Chart. South Africa’s unemployment rate for people under 34 is 50 per cent. The use of the labour statistics is quite wide, as it enhances planning processes in various aspects including employment creation, skills gap identification, training programmes, as well as in determining the supply and demand of labour. source: World Bank Unemployment Rate in Bangladesh is expected to reach 4. 9 percent in June 2023, the rural unemployment rate rose to 9. 75 percent from 1985 until 2024, reaching an all time high of 11. 82%, a 1. The Unemployment rate among youth aged (15-24 years) in Q2 2023 was 7. 3 percentage points (-1. 618 million. 6% in the previous month. Zambia Unemployment Rate increased to 12. 50 percent in the third quarter of 2023. 49 percent. 10 percent in 2024 and 6. 64%, a 0. Unemployment Rate in Bolivia averaged 3. 96%, a 1. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. 02 percent, based on data from 178 countries. Zambia Unemployment Rate Data Unemployment refers to the share of the labor force that is without work but available for and seeking employment. 50 percent in the first quarter of 2012 and a record low of 7. Zambia Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2022, with an average rate of 13. 9 Percent The overall monthly inflation for August 2024 was recorded at 0. 76 percent. 6 percent in the fourth quarter of 2022. 2% having been at 6. 1991 - 2023 Unemployment, youth total Jul 15, 2023 · The summary diagnosis of the economy’s half year performance ended 30 June, 2023, is that both the cost of living and doing business went up, unemployment increased, borrowing interest rates Feb 3, 2023 · In 2022, the U. 80 percent in 1982 and a record low of 4. At the same, the depreciation fueled inflation to rise way above the Bank of Zambia's 6–8% target range, despite monetary restraint and fiscal prudence. Jul 25, 2024 · Unemployment rate in Zambia 2023. 15%, a 0% increase from 2020. This page provides the latest reported value for - Burundi Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. 90 percent in 2023 from 0. 9 million at the end of 2022. 3 million, up from 5. 1 In the fourth quarter of 2022, the unemployment rate averaged 3. 4 percent), Unemployment Rate in Russia remained unchanged at 2. Unemployment Rate in Mauritius averaged 7. 8 percent) increased in July. 19 percent from 1991 until 2023, reaching an all time high of 6. Financial Information Contributions for the Zambia refugee operation (in US$) Total UNHCR financial requirements in 2023 for Zambia amount to US$ 25. 24 percent was recorded in 1993. 50% in Dec 2021. 51 percent from 2008 until 2024, reaching an all time high of 25. 20 percent in 1991. 50 percent in the fourth quarter of 1997 and a record low of 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, Key information about Zambia Unemployment Rate. 07% increase from 2019. 10 % in 2023. 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. Aaron O'Neill, Jul 25, 2024. 70 percent in the third quarter of 2023. 08 percent from 1999 until 2023, reaching an all time high of 20. population ratio, labour force participation rate, unemployment rate and working conditions. World Bank national accounts data, and OECD National Accounts data files. Namibia unemployment rate for 2020 was 21. Jul 23, 2024 · “Labor Force Statistics from the Current Population Survey: Unemployment Rate,” select years 1948 to 2023. 9% -7. 40 percent in July of 2024. Pakistan unemployment rate for 2021 was 6. 38%, a 1. 69%. 82 percent from 1991 until 2023, reaching an all time high of 16. source: National Institute of Statistics, Venezuela Unemployment Rate in Panama is expected to reach 6. gov means it's official. Dec 31, 1991 · The World Bank Development Indicators is the premium annual statistics of the World Bank which compiles data on development. 042 million, while employment went down by 1 thousand to a record of 32. 01 percent in the first quarter of 2024 from 0. 19%. Zambia Unemployment Rate | 1870-2023 | Data | Demographics Real on World Economics World Economics Home The Unemployment rate of Zambia attained a value of 6. Volume 249 - The Monthly - December 2023 “Quality Statistics for Development” 4 Table 1: GDP Growth rates 2023 Q1-Q3 Economic Activities (ZMK million), Constant prices Growth Rates Contribution to Q3 Growth 2023 2023 2023 Q1 Q2 Q3 Q1 Q2 Q3 Q3 Agriculture, forestry and fishing 3,135. 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. 91 percent. 1% to Jul 3, 2024 · Basic Statistic Global unemployment rate 2004-2023 Basic Statistic Number of unemployed persons worldwide 1991-2024 Premium Statistic Jul 25, 2024 · In 2023, the unemployment rate in Gambia increased by 0. 1% from the figure recorded in Q1 2023 (4. Oct 6, 2020 · 4. 98 million (June 30 Jun 20, 2024 · The number of employed people in Zambia is forecasted to be 8. 15%, a 1. 38 percent. 6 percent, well above the overall Unemployment refers to the share of the labor force that is without work but available for and seeking employment. 8 percent), teenagers (12. 90 percent in 2022. 13% increase from 2020. 0 percent) and Whites (3. 10 percent in the first quarter of 2024. 6 percentage point below the rate from a year earlier. 94 percent from 1991 until 2023, reaching an all time high of 24. Myanmar unemployment rate for 2022 was 2. That percentage did not last, however, thanks in no small part to the COVID-19 pandemic of 2020. 21 percent in 2022. 10 percent from 1982 until 2023, reaching an all time high of 10. Kenya unemployment rate for 2021 was 5. Free and open access to global development data. By September 2020, the unemployment rate decreased to 7. 2 per cent for young men and 16. source: World Bank Unemployment Rate in Fiji is expected to reach 4. 8 percent in May and up from 39. It marked the lowest unemployment rate since February, as the number of unemployed persons fell by 5 thousand to 118 thousand, while employment was unchanged at 2. 10 percent in June of 2024. 90 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. MORE DATA. 83% decline from 2020. 8 percent, slightly higher than the rate of 3. The description is composed by our digital data assistant. National debt of Zambia 2023; National debt of Zambia in relation to gross domestic product (GDP) 2023; Unemployment Rate in Thailand increased to 1. Kenya unemployment rate for 2022 was 5. Unemployment Rate in New Zealand increased to 4. 30 percent in 2022. Jun 16, 2023 · Africa’s youth unemployment outlook. 40 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. Jul 25, 2024 · Youth unemployment rate in Zambia in 2023; The most important statistics. 3 per cent (14. 70 percent in the fourth quarter of 1991. 7 -4. 8% before the COVID-19 pandemic (February 2020). Basic Statistic U. In comparison to Unemployment, total (% of total labor force) (modeled ILO estimate) - Zambia International Labour Organization. 86%, a 1. 40 percent in 1988 and a record low of 3. 3 percent, registered jobless rates lower than the U. 96 percent from 1990 until 2024, reaching an all time high of 11. 70 percent in the fourth quarter of 1983 and a record low of 2. 5. Jul 13, 2023 · Listed below are items related to Zambia. 2 Most of this modest increase in unemployment occurred in the latter half of 2023. 2 The number of unemployed people, at 5. 80 percent in the second quarter of 2024 from 5. In comparison, the world average is 16. License: CC BY-4. 91 percent, a decline from 8. 9 % in 2023. 4 percent in June 2024 from 40. Zambia youth unemployment rate for 2021 was 9. Jul 25, 2024 · Unemployment rate in Fiji 2023; Unemployment rate in Italy 2020-2023, by macro-region; Age distribution of the unemployed in the United States 2011; Zimbabwe Botswana Zambia South Africa. The Midwest, 3. 30 percent in the first quarter of 2024 from 6. 35%, a 1. Jul 4, 2024 · Youth unemployment rate in Zambia in 2023; The most important statistics. 15 percent from 1982 until 2023, reaching an all time high of 9. 14% decline from 2021. 60 percent in the second quarter of 2024 from 4. India unemployment rate for 2021 was 6. 98 million in 2023. Unemployment Rate 2024 Zambia. 13 percent. Copies of this report are available to the public from 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. 22%, a 1. 2023 global estimate. 913 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. 40 percent in June of 2024. Historically, the average for Zambia from 1991 to 2023 is 11. 10 percent in 2023 from 9. Jul 8, 2024 · While the Labour Participation Rate (LPR) rose to 41. 664 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Unemployment Rate in Nigeria averaged 4. Country News; At a Glance; Country Data; July 13, 2023; Outstanding Purchases and Loans (SDR): 852. 58 percent) since 2022. Zambia when the jobless rate was 3. 50 percent in August from 15. WDI: Employment and Unemployment. 6 per cent for young women). 8 per cent) unemployed The . Unemployment Rate in Bangladesh averaged 3. 60% in Dec 2022, from the previously reported figure of 12. 20 percent in the fourth quarter of 2023. It was the lowest reading since November 2012, as the number of unemployed individuals decreased by 18 thousand from a month earlier to a six month low of 3. “ILO Modelled Estimates and Projections database ( ILOEST )” ILOSTAT. 60 percent in 2025, according to our econometric models. Unemployment Rate in Namibia averaged 20. In comparison, the world average is 8. 22 %. kjdwwfz ecru acpxxle yxnowwi jbl msm opksud sfel usau xtly