Before long they will finish school, and enter a future where jobs are hard to come by. (Photo/USAID/YALI/Flickr).

Nearly 13m Young Africans Enter The Work Every Year – But Continent Creates Only 3m Formal Jobs

AFRICA has experienced a high rate of population growth, which has the potential to be a demographic dividend, but only if there is sufficient investment in jobs, skills and education.

The continent has a huge problem with unemployment, particularly youth unemployment and the need for jobs are growing faster than ever.

Africa has 480 million youth today and that figure is projected to grow to 850 million youth by 2050.

Despite the 10 to 13 million youth that enter the workforce each year, only 3 million formal jobs are created annually (in the public and private sector).

-AfDB

 

 

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