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Monday, 6 May 2013

The Unemployment Problem

Photo: What does this graphic tell us?

There are two key conclusions we draw from the above chart. First, that unemployment is largely concentrated in urban areas. Secondly, that young people are particularly affected. What is interesting though is that poverty levels are lower in urban areas compared to rural areas, which probably suggests that potential policy prescriptions for poverty reduction may not necessarily be the same as policies for reducing unemployment - at least at the national level. But there's a huge caveat here : "rural employment" includes a high degree of seasonal "self employment". Further complicating the policy response. 

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