THE IMPACT OF EMPLOYABILITY POLICIES ON REDUCING THE YOUTH UNEMPLOYMENT RATE: AN ANALYSIS BASED ON FIGURES IN THE ANGOLAN CONTEXT (2019-2023)
Keywords:
Employment policies, Employability, Youth unemployment rateAbstract
The aim of this article is to analyze, based on official figures, the role of the “Promoting Employability” program in getting young people into the labour market and its impact on reducing unemployment rates among young people aged 15-24 in Angola in the period 2019-2023. The research was methodologically based on qualitative and quantitative approaches, using document analysis and descriptive statistical analysis, with the Ministry of Finance repository, the National Statistics Institute (INE) database and the Ministry of Administration, Labor and Social Security (MAPTSS) reports as data sources. The results of the research show that the “Promoting Employability” program was successful in terms of its objectives, benefiting 120 244 individuals with vocational training and internships, training in entrepreneurship and business management techniques, microcredit and support for cooperatives/young people, and contributing to the creation of more than 118 jobs. However, in terms of its impact on the economic context, the program has not helped to reduce the high rate of youth unemployment, since, according to INE data, unemployment rates among young people aged between 15 and 24 have tended to rise, and stood at between 54.40% and 58.30% in the period under review.
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