Liberia.Expanding formal employment through labour market reforms

Matteo Richiardi

No 144, LABORatorio R. Revelli Working Papers Series from LABORatorio R. Revelli, Centre for Employment Studies

Abstract: The objective of this report is to provide an assessment of labor market regulations in Liberia, in particular employment protection legislation (EPL), minimum wages, and social insurance schemes. This is particularly relevant as a new labor code, the Decent Work Bill, has just been legislated with a twofold increase in the minimum wage, rising concerns that it will further reduce an already limited demand for formal employment (less than 20% of total employment). Without changing the Decent Work Bill, which is taken as a political constraint, the report makes proposals for reforms “at the margin” aimed at extending demand for formal employment, with specific social insurance schemes targeted at the newly formalized employees.

Date: 2015
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