Tens of Billions of FDI Later, Jobless Rate Still in Double Digits
Unemployment is expected to have ended 2009 at 10.8% up by 0.4% from its level a year before. That’s kind of strange given that Mauritius received more than Rs6 billion in the first three quarters of last year. And that followed two years of Rs11 billion each in 2007 and 2008.
In fact the jobless rate has stayed above 10% over the past 4.5 years. That’s very surprising because the Rs40 billion
