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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]
Job seekers in central Addis Ababa, reviewing advertised opportunities (2011) Rural flight in Ethiopia has shaped the country socioeconomic, cultural, political and urban way of life. Many migrants migrated from rural areas to urban areas for the reasons of living better life and well-being as well as hoping to enroll in new job. [ 1 ]
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
The ministry was established in 2008 under Proclamation No.916/2008. The ministry's head is appointed by the Prime Minister and approved by the House of Peoples' Representatives (HoPR).
The International Standard Classification of Occupations (ISCO) is a system developed by the International Labour Organization (ILO) to classify and organize occupations into a structured hierarchy. It serves as a reference framework for national statistical agencies, labor market analysts, and international organizations to standardize job ...
International Bank for Reconstruction and Development, one of the two lending arms traditionally considered to be the World Bank. Typically lends to middle-income governments, also some creditworthy low-income countries. Founded in 1944. FY 2014 commitments $18.6 billion. Lends at market rate. Guarantees loans
Ethiopia exports to the EU represented 26% of worldwide exports in 2016 followed by Somalia (14%), Kuwait (13%) and China (8%) in terms of export destination. Import of Ethiopia consisted of 12% from the EU, behind China (26%), ahead of India (6%) and Kuwait (5%). This has been compared from the year 1992 to 2014 EU investment totaling over 2 ...
Ethiopia, [c] officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north , Djibouti to the northeast , Somalia to the east , Kenya to the south , South Sudan to the west , and Sudan to the northwest .