Monday, 13 January 2014

A ‘Marshall Plan’ needed to tackle Africa’s unemployment challenge - Comment - www.theeastafrican.co.ke

A ‘Marshall Plan’ needed to tackle Africa’s unemployment challenge - Comment - www.theeastafrican.co.ke

To Africa’s many challenges, add one more: unemployment.

Unemployment, independent of any other factor, threatens to derail the economic promise that Africa deserves. It’s a ticking time bomb with no geographical boundaries.

Economists expect Africa to create 54 million new jobs by 2020, but 122 million Africans will enter the labour force during that time. Adding to this shortfall are tens of millions currently unemployed or underemployed...
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