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

Customs Academy established in Kabul

The Afghan Customs Department hosted a ceremony for the formal opening of the new Afghan National Customs Academy (ANCA) on

Residents of Nimroz and Jawzjan in need of drinkable water

Lack of access to potable water has caused great stress to the residents of Nimroz and Ghor provinces. According to

Afghanistan, Pakistan to confer on economic cooperation

Afghan Finance Minister Dr. Hazrat Omar Zakhilwal has arrived in Islamabad, Pakistan to discuss economic cooperation between the two nations.

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Your e-mail address will not be published.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.