Lesotho Declares Unemployment a National Disaster

[ad_1]

The declaration will remain in effect for two years

Lesotho has declared a state of disaster over high unemployment rates.

The 2024 Lesotho Labour Force Survey, released last week, puts the country’s unemployment rate at 30%. Among people aged between 15 and 35, it is 39%. The previous survey was done in 2019 and reported unemployment at 22.5%.

The country’s unemployment became a national talking point last month after footage was circulated on social media showing thousands of unemployed young people flocking to the Lesotho Defence Force’s recruitment centres to interview for available positions.

GroundUp recently reported on job cuts at textile factories due to looming tariffs imposed by the United States.

The state of disaster was gazetted on Monday. It will remain in effect for two years.

The government has promised to create 62,000 jobs and to launch a M400-million (M1 = R1) initiative to fund youth-led businesses. Young people will now be able to register businesses for free. The costs of accessing government tender documents, which previously ranged between M500 and M3,000, have also been lowered.

A new procurement policy has been introduced to ensure 40% of public contracts go to youth, women and people with disabilities.

Other existing initiatives, such as Sebabatso, which links young Basotho entrepreneurs with international mentors, and Weekend Flea Markets, will be expanded.