Economy of Algeria - Labor

Labor

See also: Trade unions in Algeria

The largest employer is government, which claims 32 percent of the workforce. Even though industry is a much larger part of the economy than agriculture, agriculture employs slightly more people (14 percent of the workforce) than industry (13.4 percent of the workforce). One of the reasons for this disparity is that the energy sector is very capital-intensive. Trade accounts for 14.6 percent of the workforce, while the construction and public works sector employs 10 percent, reflecting the government’s efforts to upgrade the country’s infrastructure and stock of affordable housing.

At the end of 2006, the unemployment rate was about 15.7 percent, but the rate among those under the age of 25 was 70 percent. In 2005 the labor participation rate was only 52 percent, versus an Organisation for Economic Co-operation and Development average of 70 percent. New entrants to the workforce and the lack of emigration options make unemployment a chronic problem and an important challenge to the government. Given its highly capital-intensive nature, the hydrocarbons industry is not in a position to employ many job seekers.

Read more about this topic:  Economy Of Algeria

Famous quotes containing the word labor:

    In a virtuous government, and more especially in times like these, public offices are, what the should be, burthens to those appointed to them which it would be wrong to decline, though foreseen to bring with them intense labor and great private loss.
    Thomas Jefferson (1743–1826)

    As Labor is the common burthen of our race, so the effort of some to shift their share of the burthen on to the shoulders of others, is the great, durable, curse of the race.
    Abraham Lincoln (1809–1865)

    ... feminism is a political term and it must be recognized as such: it is political in women’s terms. What are these terms? Essentially it means making connections: between personal power and economic power, between domestic oppression and labor exploitation, between plants and chemicals, feelings and theories; it means making connections between our inside worlds and the outside world.
    Anica Vesel Mander, U.S. author and feminist, and Anne Kent Rush (b. 1945)