In a document from the International Labor Organization (ILO) Senegal ranks third out of the 10 countries with the highest unemployment rate in the world. In this world ranking, Senegal is behind Burkina Faso with a rate of 48%.
Report…
The report of the International Labor Organization (ILO) reveals that Senegal occupies the third place of the 10 countries with the highest unemployment rate in the world, with a rate of 48%, behind Burkina Faso.
Indicator…
The unemployment rate is a lagging indicator, that is, it reacts (increases and decreases) to changing economic conditions rather than predicting them. When the economy grows at a healthy pace, the labor market is plentiful and the unemployment rate will decline. When the economy goes through a period of recession or turmoil, the unemployment rate tends to rise due to a lack of jobs.
Conditions…
The International Labor Organization report, however, found that many of the 3.3 billion people employed globally work in poor conditions that do not offer economic security, decent work opportunities and a lack of good. -be material. That being said, a low unemployment rate does not necessarily mean that more people are living in favorable and sustainable conditions.
The 10 countries …
Here are the 10 countries with the highest unemployment rates:
1-Burkina Faso (77.00%)
2-Syria (50.00%)
3-Senegal (48.00%)
4-Haiti (40.60%)
5-Kenya ( 40,00% )
6-Djibouti ( 40,00% )
7-Republic of Congo (36.00%)
8-Marshall Islands (36.00%)
9-Namibia (34.00%)
10-Kiribati ( 30,60% )
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