Unemployment rate in Lesotho 2023

The unemployment rate in Lesotho saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 16.46 percent. Still, 2023 marked the third consecutive decline of the unemployment rate.
The unemployment rate refers to the share of the workforce that is currently not working but is actively searching for work. It does not include the economically inactive population, such as the long-term unemployed, those aged under 15 years, or retired persons.

Find more key insights for the unemployment rate in countries like Botswana and Swaziland.