Agriculture emerges as the leading sector in terms of employment. The Labour Force Survey indicates that 1.7 million individuals, comprising 46.3% of the employed population, are engaged in agricultural activities. This figure is relatively high, as the country aims to reduce the proportion of agriculture-related employment to 30%.
The second most prominent economic activity is wholesale and retail trade, along with the repair of motor vehicles and motorcycles. This sector employs 492,726 individuals, representing 13% of the employed population.
The real estate sector also contributes significantly to employment opportunities. In February 2023, the sector employed 307,229 people, accounting for 8.1% of the employed population.
According to figures from the National Bank of Rwanda (BNR), real estate accounted for 67.8% of development projects, playing a critical role in the country’s economic recovery following the Covid-19 pandemic.
Transportation employs 203,586 individuals, equivalent to 5.4% of the employed population, while industry provides employment to 195,191 individuals, accounting for 5.1% of the total.
Other notable sectors include activities of households, employing 147,074 individuals (3.9%); education, employing 144,661 individuals (3.8%); accommodation and food service activities, employing 110,540 individuals (2.9%); as well as governance and the mining sector, which account for 2.7% and 1.1% of employment, respectively.
As per the Labour Force Survey, in February 2023, the working-age population (16 years and above) was approximately 8 million, with 3,803,942 individuals employed, 792,115 unemployed, and 3,380,192 individuals out of the labor force.
The sum of the employed and unemployed populations gives a total labor force of 4,596,057 individuals.
YOUR OPINION ABOUT THIS ARTICLE
RULES AND REGULATIONS
Do not post comments that are defamatory, divisive and blasphemous.If you wish to receive a quick response to your opinion/comments, please provide your email address in the space provided. Your comments will appear after moderation from IGIHE.com.
In case the above regulations are not observed, your comments might not appear or will be deleted. Thank you!