African Unemployment Rates Vary Widely Despite Efforts; South Africa Hits 32% While Niger Sees Just 0.5%
• Unemployment remains a huge challenge across Africa despite government initiatives • South Africa has the highest unemployment rate on the continent at 32.1% • Some countries like Niger, Chad, and Benin have managed to curb unemployment significantly • Low unemployment has positive economic impacts like increased consumer spending and demand • Niger has the lowest unemployment rate in 2024 at just 0.49% according to Statista data