Ver Angola

Economy

Unemployment rate drops to 30 percent in third quarter

The unemployment rate in Angola stood at 30 percent in the third quarter, a reduction of 4.1 percentage points compared to the same period last year, with unemployment twice as high in urban areas as in rural areas.

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The data appear in the Quick Information Sheet of the Employment Survey in Angola (IEA), released this Wednesday by the National Institute of Statistics (INE), which characterizes the situation of the population vis-à-vis the labor market in the third quarter of 2022.

According to INE, the unemployed population aged 15 or over was estimated at 4,913,745 people, of which 2,211,509 men and 2,702,237 women.

The unemployment rate in the population aged 15 years or over was estimated at 30.0 percent, being higher for women (32.0 percent) compared to men (27.9 percent).
In the urban area, unemployment is twice as high as in the rural area (37.6 percent against 16.6 percent).

In the third quarter of 2022, the unemployed population aged 15 or over did not register a significant difference in relation to the second quarter, with a difference of 0.2 percentage points.

Young people aged between 15 and 24 continue to be the most affected by unemployment, with a rate of 54.2 percent in the third quarter, 2.4 percentage points lower than in the second quarter and 5.0 percentage points against the homologous period (59.2 percent).

The economically active population (aged 15 or over) was estimated at 16.3 million people, of which 7.9 million were men and 8.4 million were women.

Between July and September 2022, in the population of working age, 11.4 million people declared that they worked as an employee, self-employed or in a family business, for at least one hour.

Another 4.9 million did not have paid work or any other and were available to work in the reference period or in the following 15 days.

Almost half of the employed population was active in agriculture, animal production, hunting, forestry and fishing, followed by wholesale and retail trade with 22.1 percent.

In Angola, almost 80 percent of employed people have an informal job, a percentage that rises to almost 88 percent among women.

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