Mozambique: Central Bank cuts interest rates again
In File Club of Mozambique / Victoria Diogo, Mozambique's minister of Labour, Employment and Social Security
The Mozambican government on Friday inaugurated a labour market watchdog aimed at creating an information database on the labour sector and facilitating access to labour in Mozambique.
“This mechanism will systematize and analyze information on the labour market,” Minister of Labour, Employment and Social Security, Vitoria Diogo, said at the opening of the institution’s premises in Maputo.
Admitting that there was an imbalance between demand and supply in the Mozambican labour market, Diogo said that the creation of the watchdog would contribute to the adoption of better employment promotion policies in the country.
“This watchdog mechanism will give us more accurate and complete data on the results achieved in the field of employment and work,” argued the minister, starting with the analysis of jobs created in 2015.
Head of the new Labour Market Observation Directorate, Assa Guambe, told the press that the mechanism would also serve to create a bridge between the educational institutions and the labour market, helping balance demand and supply.
“The information that we produce here will tell people what companies need and guide educational institutions on courses that should be a priority,” Guambe said.
With the increase in the number of further education institutions, the number of graduates has grown considerably In recent years. In spite of this, Mozambique continues to experience high unemployment, and foreign companies complain about the lack of skilled labour in the country.Source: Lusa