The National Employment and Vocational Training Observatory (ONEFOP) issued a note yesterday reporting that about 28,000 decent jobs were created in Cameroon between 2020 and 2021. "The regions of the Centre, Littoral, North-West, and South are those that created the most jobs in the modern sector in 2021 and to a lesser extent the Far North," says Onefop.
The entity indicated that these regions benefited from “the geographical distribution of projects, the diversification, and development of local economies and the security context.”
In 2020, Onefop reported 330,923 "modern jobs" against 358,247 in 2021. Most jobs were created by public administration, insertion programs and projects, public investment budget projects, decentralized local authorities, cooperatives, NGOs, and companies. If jobs have been created, others have been lost. "In 2021, 17,141 job losses were recorded among companies in the modern sector of the economy," says Onefop, revealing that the Covid-19 pandemic was the main cause.
However, "the loss is drastically reduced between the two periods because at the time when more than 100,000 jobs were lost in 2020, at the height of the pandemic, only 17,000 jobs were lost in 2021. This also indicates that businesses and other organizations of the modern economy have been more resilient in 2021.”