What is Unemployment?
Unemployment, according to the OECD, is people above a specified age not being in paid employment or self-employment but currently available for work during the reference period.
Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labor force.
How Many Youths Are Unemployed In Uganda
Uganda’s youth unemployment rate for 2021 was 4.33%, a 0.33% increase from 2020. Uganda’s youth unemployment rate for 2020 was 4.00%, a 1.06% increase from 2019.
Uganda’s youth unemployment rate for 2019 was 2.95%, a 0.04% increase from 2018. Uganda’s youth unemployment rate for 2018 was 2.90%, a 0.03% increase from 2017.
How many youths are employed in Uganda?
3.2% of youth work for waged employment, 90.9% work for informal employment, and 5.8% of the Ugandan youth are self-employed.
According to Amamukirori B. & Mubiru A. (2018), in the population report, they indicate that there are wage differentials by gender in favor of the male among the employed youth.
Why is unemployment so high in Uganda?
Generally, the high youth unemployment rate in Uganda and Africa at large can be attributed to the slow economic growth and small formal labor markets,
high population growth rate, lack of sufficient experience and skills, lack of decent work, the rigid education system, rural-urban migration, and limited social networks.
How many Youths are there In Uganda?
Uganda has the world’s youngest population with over 78 percent of its population below the age of 30. With just under eight million youth aged 15-30,