English | دری

Unemployment rate peaks to 40% in Afghanistan

in Afghan Business

Unemployment rate peaks to 40% in Afghanistan

The unemployment rate in Afghanistan has gone up by 15% from last year, Central Statistics Organization (CSO) officials said Friday.

According to CSO, this year’s unemployment rate has peaked to 40% due to insecurity, lack of jobs and closure of factories and industries.

The Afghanistan Chamber of Commerce and Industries (ACCI) also voiced their concerns about the increasing unemployment in the country.

“Lack of development projects has resulted in increased unemployment,” ACCI executive chief Atiqullah Nasrat said.

Unemployment has been the major reason behind the massive Afghan exodus to Europe. Thousands of Afghan youth escape to Europe in search of a better life.



Related Articles

India provides $2.87mn to support Kabul’s transport system

India provides USD 2.87mn to Afghanistan for repairing of 350 buses that will help in strengthening the public transport system

70 MPs agree to summon ministers

Seventy members of the Lower House of the Parliament or the Wlesi Jirga signed papers on Saturday for summoning nearly

Australian firm to work on 2nd phase of Salang tunnel

The Ministry of Public Works (MoPW) announced on Monday that the contract for the second phase of Salang tunnel was

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.