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Zim unemployment rate stands at 16 %- Zimstat

ZIMBABWE National Statistics Agency Tuesday shocked the nation after announcing the country’s unemployment rate stands at a parltry 16 %.

The details are contained in the recently released 2019 Labour Force and Child Labour Survey.

“Only 566 449 people constituting 16 % of the total labour force are unemployed,” the report said.

According to the document ,persons in employment were defined as all those of working age (15 years and above) who,during the 7 days preceding the interview, were engaged in any economic activity to produce goods or provide services for payย  or profit only.

They comprise employed persons โ€œat workโ€, that is, who worked in a job for at least one hour, and employed persons โ€œnot at workโ€.

The 2019 LFCLS estimated the total number of currently employed
persons at 2.9 million.

More than 60% of the employed persons in Zimbabwe were coming
from the agriculture sector.

The 2019 LFCLS estimated the national women share in wage
employment in the non-Agriculture sectors at 43%.

The 2019 LFCLS established that about 552 thousandย  constituting 19% of persons in employment were in precarious employment.

The statistics therefore position Zimbabwe’s employment rate at a position higher than that of neighboring South Africa which has a sound economic climate when compared to Zimbabwe.

Market watchers have criticised the survey’s findings saying they are not reflective of the situation on the ground.

Currently Zimbabwe has a record 1.2 million people who have given up hope of securing employment but under the new Zimstat classifications such people are categorised under potential labour force.

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