In Lesotho, poverty and unemployment are rife in rural areas. This study sought to establish the profile of unemployed people, their challenges and how they cope with unemployment. This was a quantitative study with a sample size of 120 unemployed people drawn from Manonyane rural area in the ...
1983-91 (30 percent of each paycheck is now "deferred" until the worker returns home). If this downward spiral continues, Lesotho will face severe unemployment and a staggering loss of outside earnings that have been the primary source of family support and economic development since independence...
Unemployment has remained stubbornly high, hitting nearly 25% in 2023, according tothe World Bank. "Poverty and inequality remain significant challenges," the World Bank says. "Despite efforts to improve living standards, a significant portion of Lesotho's population lives below the poverty line, w...
o. While Lesotho has grown faster than its regional peers over the last decade, partly driven by capital intensive mining and infrastructure projects, high levels of unemployment, poverty, and inequality persist. GDP growth is expected to be around 3 percent in FY 2017/18, below the averag...
IMF World Economic Outlook UN World Population Prospects World Inequality Report S&P Global Ratings Moody’s Fitch Ratings IMF Direction of Trade Statistics (DOTS) UN Conference on Trade and Development (UNCTAD) CIA The World Factbook World Bank’s World Integrated Trade Solution ...
Youth unemployment rate (ages 15-24) total: 37.4% (2021 est.)male: 32.8% NAfemale: 43.8% NA Population below poverty line 49.7% (2017 est.) Gini Index coefficient - distribution of family income 44.9 (2017 est.)56 (1986-87) Household income or consumption by percentage share lowest 10%...
Unemployment rate: 45% (2002) Population below poverty line: 49% (1999) Household income or consumption by percentage share: lowest 10%: 0.9% highest 10%: 43.4% Inflation rate (consumer prices): 4.7% (2005 est.) Budget: revenues: $738.5 million expenditures: $792.1 million; includ...
The continued decline in agricultural production—caused in part by endemic soil erosion in the already limited arable land as well as by repeated droughts and the impact of the HIV/AIDS pandemic on the workforce—resulted in chronic food shortages, and widespread poverty and unemployment plagued ...
but the proportion had declined to one-third by the mid-1990s as employment opportunities became far more restrictive. In the early 21st century the rate hovered around one-fourth. Official estimates of unemployment among the labor force in Lesotho vary, ranging from about one-third to one-half...
--As unemployment and poverty continues to plague Lesotho Mohloai Mpesi FOSTERING a private sector-driven economy is essential Business Lesana lists on Maseru Securities Market Moroke Sekoboto Lesana Financial Services’ Medium-Term Note has been listed on the Maseru Securities Market (MSM)....