Unemployment rate in Cabo Verde 2023

The unemployment rate in Cabo Verde declined to 11.99 percent in 2023. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years.
The unemployment rate of a country or region refers to the share of the total workforce that is currently without work, but actively searching for employment. It does not include economically inactive persons, such as children, retirees, or the long-term unemployed.

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