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Job Market Overview: Employment Statistics in Somalia
Understanding Somalia's job market is crucial for both job seekers and employers. The country's current employment indicators show:
Key Metric | Current Status |
---|---|
Total Population | 15.893.222 residents |
Employment Rate | 33.7% (below OECD average) |
Unemployment Rate | 19.03% (moderately competitive market) |
Workforce Size | 5.356.016 active workers |
These Somalia employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 33.7% employment rate suggests moderate job availability across sectors.
Living & Working in Somalia: Economic Insights
Before relocating or applying for jobs in Somalia, consider these key economic factors:
Economic Indicator | Value | Comparison to U.S. |
---|---|---|
Average Monthly Salary | 280,00 USD | 6% of U.S. average (significantly lower) |
Purchasing Power | 9.8 | moderate compared to U.S. (100) |
With 9.8 purchasing power, salaries in Somalia provide adequate but budget-conscious lifestyles. The average monthly salary of 280,00 USD is particularly attractive in the Agriculture sector.
Top Industries & Job Opportunities in SO
Somalia's thriving job market spans these key sectors:
Leading Industry | Agriculture (growing at 5% annually) |
Emerging Sector | Mining (25% of workforce) |
Service Sector | Services (60% of GDP) |
Major Employers | Hormuud Telecom, Somalia Petroleum Corporation, Dahabshiil (hiring year-round) |
Job seekers should focus on Agriculture for the most opportunities, while Mining offers growth potential. Major companies like Hormuud Telecom, Somalia Petroleum Corporation, Dahabshiil frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Somalia, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Somalia?
With a population of 15,893,222 and an employment rate of 33.7%, Somalia offers a growing job market. The unemployment rate currently stands at 19.03%.
2. Which are the top companies in Somalia?
The leading employers in Somalia include Hormuud Telecom, Somalia Petroleum Corporation, Dahabshiil. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Somalia?
The purchasing power ratio in Somalia is 9.8, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Somalia?
Search our listings filtered for Somalia. Focus on industries where Hormuud Telecom, Somalia Petroleum Corporation, Dahabshiil are active, and consider that the 33.7% employment rate suggests moderate competition for positions.
5. What should I know about working in Somalia?
With Hormuud Telecom, Somalia Petroleum Corporation, Dahabshiil as major employers, the job market tends to favor Mining and Services.