Employment tops agenda of every African leader – AfDB

September 14, 2019
230 Views
https://nationaldailyng.com/wp-content/uploads/2019/03/966-Babe-320x100.gif

The African Development Bank (AfDB), says the issue of employment is at the top of the agenda of every African leader as the continent battles rising unemployment and under employment.

The Bank’s Senior Vice President Charles Boamah disclosed this at the unveiling of a new policy research document “Creating Decent Jobs: Strategies, Policies, and Instruments,” on Thursday.

The report elicited strong presentations and a lively debate during the event which took place in the Babacar N’Diaye Auditorium at the Bank’s headquarters, attended by senior management, diplomats, staff, and media representatives.

According to Boamah, the report was “the first of its kind in challenging and unveiling some of the misconceptions that many experts have about the nature of under-employment and unemployment in Africa.

“The report signals the start of some fresh thinking about the nature of employment creation on the continent and clarifies which development strategies and policy interventions are needed for low-income countries in Africa”, Boamah said.

He went on to predict that the report would “serve as a reference document on employment in Africa for some years to come”.

Introducing the report, Celestin Monga, the Bank’s Chief Economist, remarked that part of its appeal was in applying innovative thinking to conventional employment issues.

Monga also remarked that the official unemployment figures of many African countries were so unrealistically low that policymakers found it difficult to explain how demand for labor in markets was so buoyant.

Africa was also the world region with the highest proportion of its workforce in vulnerable employment, which served to hide rather than clarify the essential issue of employment in Africa. A new model for measuring employment that related to actual conditions in Africa was needed, he said. The report should also be seen as a manifesto for African jobs.

Finally, he praised the painstaking work of his co-editors, and particularly recommended a focus paper written by Andinet Woldemichael, principal research economist, entitled “The Missing Women in African Labor Markets” in the report.

In the face of rapidly growing populations and heightened risks of social unrest or discontent, jobless growth was the most serious concern for African policymakers, said Abebe Shimeles, manager in the Chief Economist’s complex, who spoke on the highlights of the report.

“One problem”, he added, “was already well known – that employment and unemployment needed to be more closely defined in their relative context, a task that had already caused difficulties in other development finance institutions. Traditional labour market economists were not capable of accurately defining the particular African employment phenomenon”.

In addition, he pointed out that the status of the ministries of work or labour in many African countries was often not important enough to be considered as a critical policy sector, reflecting the low priority given to making a serious difference to the continental employment challenge facing all the African countries.

PV: 0

You may be interested

Ghana Set To Play Remaining AFCON Qualifiers In Nigeria After Ban On Kumasi Stadium
Sports
Sports

Ghana Set To Play Remaining AFCON Qualifiers In Nigeria After Ban On Kumasi Stadium

Webby - September 11, 2024

Ghana Black Stars could play their remaining AFCON 2025 home games in Nigeria after the Confederation of African Football (CAF)…

2025 AFCONQ: South Africa Edge South Sudan In Five-Goal Thriller, Zimbabwe Draw Vs Cameroon
News
1 views
News
1 views

2025 AFCONQ: South Africa Edge South Sudan In Five-Goal Thriller, Zimbabwe Draw Vs Cameroon

Webby - September 10, 2024

Another stoppage time goal from Thalente Mbatha this time secured a 3-2 win for South Africa’s Bafana Bafana away to…

Mikel: Don’t Blame Osimhen For Social Media Rant At Finidi
Sports
1 views
Sports
1 views

Mikel: Don’t Blame Osimhen For Social Media Rant At Finidi

Webby - September 10, 2024

Former Chelsea midfielder John Mikel Obi has weighed in on the controversial Victor Osimhen’s social tirade at former Super Eagles…

Leave a Comment

Your email address will not be published.