Search results
Results from the WOW.Com Content Network
As of 2023, Zimbabwe's official unemployment rate stood at 9.3%. [ 30 ] [ a ] A 2014 report by the Africa Progress Panel [ 31 ] found that, of all the African countries examined when determining how many years it would take to double per capita GDP, Zimbabwe fared the worst, and that at its current rate of development it would take 190 years ...
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 ...
As economic growth declined in Zimbabwe, so did the labour absorptive capacity of the economy such that by 2004, four out of every five jobs in Zimbabwe were informalised, resulting in massive decent work deficits. Unemployment rates had remained below 10 per cent between 1982 and 2004. [5]
On March 9, 2008, Zimbabwe's president, Robert Mugabe, signed the Indigenisation and Economic Empowerment Bill into law. The bill was passed through parliament in September 2007 by President Mugabe's party, the Zimbabwe African National Union-Patriotic Front (ZANU-PF), in spite of resistance by the opposition party, Movement for Democratic Change (MDC).
The CBO said it expects rates to continue to rise, as well as slower growth in the gross domestic product for the rest of this year and unemployment reaching 4.7% by the end of 2024.
The 2016–2017 Zimbabwe protests began in Zimbabwe on 6 July 2016. Thousands of Zimbabweans protested government repression, poor public services, high unemployment, widespread corruption and delays in civil servants receiving their salaries.
The name "Zimbabwe", based on a Shona term for Great Zimbabwe, an ancient ruined city in the country's south-east, was first recorded as a term of national reference in 1960, when it was coined by the black nationalist Michael Mawema, [5] whose Zimbabwe National Party became the first to officially use the name in 1961. [6]
Freddie Mac reports an average 6.72% for a 30-year fixed-rate mortgage, up 12 basis points from last week's average 6.60%, according to its weekly Prime Mortgage Market Survey of nationwide ...