Ten thousand and forty-seven jobs were created in the industrial sectors in Angola in 2023, according to the press release from the meeting of the Local Governance Council held on 03 August 2024 in the province of Cunene, under the chairmanship of the President of the Republic, João Lourenço.
In Angola, the industrial sector has made progress on the labor market, having created ten thousand and forty-seven jobs in 2023 throughout the country, according to the press release of the meeting of the Local Governance Council, held on August 3 2024, in the province of Cunene, under the leadership of the President of the Republic, João Lourenço.
« With the creation of more than 10,000 additional jobs in 2023, the reform of the start-up sector could still create additional jobs in 2024, especially for young people, especially for the creation of industrial wealth. »
Honoré Justin MONDOMOBE, Expert in Economic Intelligence – Cameroon
The meeting, which assessed the report on the activities carried out by the provincial governments in 2023, concluded that 80,856 jobs had been created in the field of commerce. According to the Minister of Industry and Trade, Rui Mingêns de Oliveira, this substantial increase in employment demonstrates the effectiveness of the policies and initiatives implemented by the Ministry to stimulate economic growth and encourage the country’s industrial and commercial development.
« A very important trick that could be copied by other countries and create new jobs in the artificial intelligence sector and in mastering industrial technology. So Angola is an innovator, and the results are clear to see: thousands of jobs have been created, and more could be created in the years to come”.
Honoré Justin MONDOMOBE, Expert in Economic Intelligence – Cameroon
According to the National Statistics Institute (INE) Employment Survey report, the unemployment rate reached 31.9% in 2023. Angola has 5.4 million unemployed people, divided between 2.5 million men and 2.9 million women, according to INE data, which shows that unemployment among women is slightly higher than among men.