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Ethiopia's economy is ranked 159th place out of 190 countries in 'Ease of doing business'. [35] Ethiopia is also a part of African Continental Free Trade Area, Common Market for Eastern and Southern Africa, Intergovernmental Authority on Development, and the G24, and has observer status at the World Trade Organization.
For instance, graduate unemployment is relative to total unemployment increased from 2.6% in 2014 to 6.61% in 2018 in Ethiopia. [ 1 ] As of 2022, the Ministry of Education planned to create jobs for 80% or more graduate students who complete their studies annually over the past three years, thereby improving the employability rate. [ 10 ]
The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa. Meanwhile, youth unemployment, lack of sufficient infrastructure in transport and poor housing, and sanitation management have appeared as core problems.
Ethiopia, which introduced an online system four years ago to help match workers with vacancies overseas, aims to send 700,000 abroad in the year ending in July, seven times more than in fiscal ...
Meanwhile, the unemployment rate fell from to 4.1% from 4.2% the month prior. ... Click here for the latest stock market news and in-depth analysis, including events that move stocks.
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
Crime in Addis Ababa, the capital of Ethiopia, is safer in comparison of other African cities. However, there are a number of crimes within the city including theft, scams, mugging, robbery and others. Rural-urban migration and unemployment has been preliminary factors affecting the city by elevating crime rate.
About 80% of the Ethiopian population is living in rural areas as of 2017. Although unemployment rate in these areas is only 2% (Ministry of Agriculture and Natural Resources), migration usually undertook by young people who with limited access of agricultural lands and production. Though, unemployment has been the core problem in rural areas.