Central Bank data says Botswana unemployment rate at 16-year high

TLDR

• Botswana’s unemployment rate nears 2008 financial crisis level, with 25.9% overall and 34.4% youth unemployment in 2023.
• Central bank report reveals employment figures rose but fail to keep pace with the growing labor force.
• Concerns arise as two in ten Batswana remain unemployed despite slight increase in total employment.