TEXT OF STORY
MARK AUSTIN THOMAS: African officials meet in Addis Ababa this week. One item on the agenda is a new report which looks at the continent’s problem of severe unemployment. Alisa Roth has the story.
ALISA ROTH: More than 10 percent of Africans are unemployed. For young workers, the situation’s even worse: 20 percent of those under 25 don’t have a job.
Princeton Lyman of the Council on Foreign Relations says Africa needs to get more involved in the global economy.
PRINCETON LYMAN: That means building up their trade capacity, improving the education levels and improving the infrastructure.
But unemployment isn’t just an economic concern. The Eurasia Group’s Philippe de Pontet says it’s a security issue as well.
PHILIPPE DE PONTET: A very high percentage of youthful males who don’t have productive employment and very few prospects of such employment, that’s gonna build up a lot of frustration. That’s gonna, in some cases, that will lead to social strife.
The report recommends African countries need to build up economic sectors with more employment opportunities — areas like manufacturing and service industries.
In New York, I’m Alisa Roth for Marketplace.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.