‘The Global Population Has Reached 8 Billion’ – The United Nations
The United Nations has a report that indicates the global population has reached 8 billion, with African nations, particularly those in sub-Saharan Africa, playing a significant role in this rapid growth.
The increase in population directly translates to a need for more job opportunities. However, the issue lies in the fact that Africa’s population is expanding at a pace surpassing the rate at which jobs are being generated. Importantly, this challenge extends beyond Africa; it is a global concern that demands attention.
In 2022, the International Labour Organisation observed a notable decline in the global labour market, marked by emerging geopolitical tensions, the Ukraine conflict, an uneven pandemic recovery, and persistent supply chain challenges.
These factors have led to a stagflationary situation. Remarkably, many nations have not yet reached the employment and working hours levels observed in late 2019, pre-dating the COVID-19 crisis.
According to the ILO’s statistics, certain African nations have made remarkable progress in tackling employment issues, showcasing their commitment to achieving sustainable economic growth and social advancement. These statistics, as highlighted by the agency, play a vital role in monitoring advancements toward both national and international policy objectives.
The International Labour Organisation has identified the top 10 African countries with the highest employment rates.
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