Labor
See also: Trade unions in AlgeriaThe 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:
“It is queer to contemplate how many people there are in any community who labor under the hallucination that if one is engaged in any occupation different from their own, that they are just having a good time, with no possible hardships to encounter.”
—Caroline Nichols Churchill (1833–?)
“We do not content ourselves with the life we have in ourselves and in our being; we desire to live an imaginary life in the mind of others, and for this purpose we endeavor to shine. We labor unceasingly to adorn and preserve this imaginary existence and neglect the real.”
—Blaise Pascal (1623–1662)
“It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize.”
—Theodore Roosevelt (1858–1919)