According to the International Labour Organization, the worldwide labor market forecast for 2022 has deteriorated dramatically. Emerging geopolitical tensions, the Ukraine war, uneven pandemic recovery, and persisting supply chain constraints have established the circumstances for a stagflationary episode.
Most countries have failed to recover to employment and hours worked levels recorded at the end of 2019, prior to the breakout of the COVID-19 health crisis.
According to agency statistics, certain African countries have achieved tremendous strides in resolving employment difficulties, demonstrating their willingness to chart a road toward sustainable economic growth and social improvement.
According to the organization, these statistics are critical for tracking progress toward various national and international policy objectives.
According to the International Labour Organization, the ten African countries with the greatest employment rates are listed below.
| Rank | Country | Emploment to population ratio | Labour dependency ratio |
|---|---|---|---|
| 1 | Madagascar | 84.1% | 0.35 |
| 2 | Tanzania | 80.3% | 1.20 |
| 3 | Burundi | 78.9% | 1.34 |
| 4 | Ethiopia | 77.3% | 1.14 |
| 5 | Mozambique | 75.4% | 1.35 |
| 6 | Liberia | 73.8% | 1.28 |
| 7 | Niger | 73.1% | 1.68 |
| 8 | Eritrea | 72.5% | 1.27 |
| 9 | Kenya | 70.3% | 1.29 |
| 10 | Angola | 69.0% | 1.63 |