Economic Transformation Strategy
CHAPTER 2 / BROAD STRATEGY FOR DEVELOPMENT
Seychelles has high labour market participation and an overall low unemployment level of approximately four percent,
with less than 2,000 individuals recorded as unemployed. However, youth unemployment levels are significant at about
14 percent and are also slightly high relative to total employment.
Labor
Number Share participation
Unemployment
(%)
(%)
Gender
Male
22 368
49.6
79.6
4.0
Female
22 661
50.3
76.8
4.1
Age cohort
15-24 years
6 993
15.5
57.4
13.3
25-34 years
10 962
24.3
88.1
3.8
35-44 years
10 505
23.3
90.6
2.5
45-54 years
10 725
23.8
86.9
1.2
55-65 years
5 874
13
64.8
1.7
Educational level
None
443
1
45.0
3.2
Primary
3 974
8.8
57.8
5.0
Secondary
19 230
42.7
76.0
4.4
Post-
17 470
38.8
89.4
11.5
Secondary
Degree
2 045
4.5
90.5
1.0
Postgraduate
1 423
3.2
87.7
0.3
Not specified
Total
474
1.1
44.8
7.0
45 059
100
78.2
4.0
Moreover, another constraint is that job flexibility is limited and the structure of the labour market is likely to be limiting
opportunities. This is mainly driven by the fact that there is a lack of flexibility in local employment rules and norms, such
as those regulating work hours and contractual arrangements.
Although Seychelles has a high level of human development, there are still many challenges to overcome. It is urgent to
address the factors that constrain the abilities and opportunities for Seychellois. Having people at the centre of develop-
ment as a pillar of Vision 2033 and the NDS for Seychelles will take into account health, education, skills development
and employment. By covering these, it will be ensured that socioeconomic progress is continuously achieved through
the contributions of the country's residents.
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