What are the major causes of unemployment in Ethiopia?

The causes of unemployment are among the extensively debated issues by economists. Keynesian economics stresses on the inadequate aggregate demand in the economy as the major cause. Real wage rigidities and/or real interest rates cause low output and high unemployment.

Hereof, what is the unemployment rate in Ethiopia?

Ethiopia unemployment rate for 2018 was 1.81%, a 0% increase from 2017. Ethiopia unemployment rate for 2017 was 1.81%, a 0.13% decline from 2016. Ethiopia unemployment rate for 2016 was 1.94%, a 0.08% decline from 2015. Ethiopia unemployment rate for 2015 was 2.01%, a 0.09% decline from 2014.

Likewise, what are the causes of unemployment in Africa?

• Legacy of apartheid and poor education and training Some research shows that the deliberate exclusion of black people from the educational system and from skilled occupations under apartheid contributed to high rates of unemployment today. Inadequate education and lack of productivity is costing jobs.

What is the average salary in Ethiopia?

Average salary in Ethiopia is ETB 447,176 (Gross). All data are based on our survey (261 individual salary entries). Average take home earning is ETB 353,241 (Net). The most typical salary is ETB 88,838 (Gross).

What are the causes and consequences of high unemployment in Ethiopia?

Unemployment results in a waste of economic resources such as the productive labor force and thereby affect the long run growth potential of the economy. It gives rise to increased crimes, suicides, poverty rates, alcoholism and prostitution (Rafik et al., 2010 and Eita et al, 2010.

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