Unemployment figures for Zimbabwe are likely to increase as repercussions of the Covid19 lockdown continue to take a toll on the country’s economy and worldwide.
“26.4% of workers in Africa are working in at-risk sectors, and only 17.8% of the population is covered with some form of social protection.
“These statistics don’t only include youth, but as 15-34 year olds make-up close to half of the continent’s working age population and also account for a vast majority of agricultural and informal workers, young people will be the first to feel the effects of this recession-and likely to be the last to recover”.
The international bodies state that “specific needs of young people are rarely the focus of social protection system thus many will lack basic support forms”.
In Zimbabwe this is most apparent as many of the social support programs, including the unveiled ZWL$18 billion Economic Recovery and Stimulus package is mainly aimed at the old aged.
The country has also already been facing a youth employment crisis and the impact of Covid19 is likely to worsen the situation.
According to the last Zimbabwe Natinal Statistics Agency (Zimstat) figures the informal sector currently carries the larger employment numbers with 2.2 million or 76% of the 2.9 million.
The formal sector has 32% of the employed population.
Currently the informal sector is still under lockdown meaning over 2 million people are not productive during the lockdown period.
The chances of many managing to resuscitate their trades after the lockdown hangs in the balance.
Last week 2.4million people in the United States filed claims for unemployment according to the Labour Department which brings the total job losses to 38.6 million people.