Shock as unemployment levels decline

No Image

The country’s rate of unemployment has dropped from 19.9% in 2011 to 17.6% in 2016, a surprise development in a country where the situation on the ground suggests joblessness is on the rise.

Statistics Botswana statistician general, Anna Majelantle told the media yesterday that Botswana’s total population aged 18 years and above was estimated at 1.268 million of which 838,002 were economically active.

“Of the 838,002 economically active population, 147,101 were unemployed with the private sector remaining the largest employer at 44.6%.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

Have a Story? Send Us a tip
arrow up