Unemployment Rate Evolution in Côte d'Ivoire from 1992 to 2019

Unemployment Rate Evolution in Côte d'Ivoire from 1992 to 2019

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TGM StatBox. (2024). Unemployment Rate Evolution in Côte d'Ivoire from 1992 to 2019. TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Ivory Coast
Published date: 2024
Note: The Unemployment Rate, as defined by World Development Indicators, is the percentage of the labor force that is without work but is actively seeking employment and available to start work.
Key Takeaways
Côte d'Ivoire's unemployment rate saw significant shifts due to periods of political instability and economic reform. It dropped from 6.7% in 1992 to 4.1% by 1995, showing early economic recovery efforts. A peak in 2012 at 7.2% followed a period of civil conflict, which disrupted labor markets. The rate then decreased significantly, reaching 2.4% in 2019, reflecting economic growth initiatives and increased stability, yet structural challenges in job creation persist for the young, growing population.

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