Unemployment rate increased to 29,6 per cent in 2013

27 Mar 2014 14:40pm
WINDHOEK, 27 MAR (NAMPA) - The unemployment rate in Namibia increased by 2,2 per cent between 2012 and 2013.
The unemployment rate stood at 27,4 per cent in the 2012 Labour Force Survey, while in the 2013 Labour Force Survey released on Thursday, the unemployment rate in Namibia stood at 29,6 per cent.
The 2013 survey was carried out from 30 September to 13 October last year.
The Statistician-General of the Namibia Statistics Agency (NSA), Dr John Steytler indicated today that the 2,2 per cent increase in unemployment was a result of negative impacting factors, like the severe drought experienced in the country last year.
The drought had severe direct and indirect economic implications.
“The global economy was also still very fragile, and the knock-on effect that has had on Namibia cannot be underestimated,” he stated.
Steytler also indicated that the youngest age group - those aged between 15 and 19 years - account for almost half of the total inactive population at 42,4 per cent.
The number rises to more than half of all inactive persons when the 20 to 24-year age group is added.
“This is to be expected, as this is the school-going age. This indicates that a significant portion of the young population is staying in school, educational institutions and pursuing their academic development,” he noted.
More than two-thirds (70,4 per cent) of Namibia's labour force is employed.
The Statistician-General said this clearly shows a pleasing trend, indicating that the employed population of 690 019 persons obtained from the 2013 Labour Force Survey shows an increase of 59 925 in employed persons, compared to the 2012 survey when the employed population stood at 630 094.