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Explaining Africa’s (Dis)advantage Africa’s economic performance has been widely viewed with pessimism. In this paper, firm-level data for around 80 countries are used to examine formal firm performance. Without controls, manufacturing African firms perform significantly worse than firms in other regions. They have lower productivity levels and growth rates, export less, and have …read more
Lorna Rutto, Director, Eco-Post Recycling, Kenya ILO photo ILO News– Lorna Rutto was born in one of the most stunning parts of Kenya – the Rift Valley region of Nakuru, home to wildlife, pink flamingos and dormant volcanoes. But amidst this natural beauty are the sprawling slums of Kaptembwa where she grew up, on the […]
Continue reading …By PHILIPPE EGGER via ILO News— Economic growth in Africa is forecast to continue at a robust rate, slightly above the recent trend of 5% a year. Africa is also urbanizing fast, with an average of close to 40% of the population living in cities. As such, it may seem paradoxical to suggest that agriculture […]
Continue reading …There’s a lot restless workers worldwide. More than half (53%) of the respondents of the Kelly Global Workforce Index (KGWI) survey believe that to develop their skills and advance their careers, it is more important to change employers, rather than remain with their existing employer, according to international staffing firm Kelly Services. The KGWI examines issues of […]
Continue reading …Unemployment is bad in many industrialized nations, but nowhere is as bad as South Africa. South Africa’s unemployment rate fell from 25.7% in the second quarter but the nation’s growth appears to be slowing, Statistics South Africa said in a report released in Pretoria. From Bloomberg: The median estimate of five analysts in a Bloomberg […]
Continue reading …Awash in oil, rife with corruption, 3.3 million people living with HIV/AIDS, and simmering ethnic/regional tensions, Nigeria is at least giving a nod toward education and the development of a workforce that will have soemthing to offer in the nation’s post-oil economy other than submitting slavery in return for survival. Political and economic reforms began […]
Continue reading …Kyateka Mondo, said the high unemployment rate should not only be blamed on government but also on the youth. From the Uganda Daily Monitor: Kampala, Uganda – As Uganda continues to grapple with high rates of population growth, the level of unemployment among the youth has also shot high to a remarkable 83%, youth group, […]
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