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Labour market indicators
Unemployment rate in
2003:
25%
(ILO data)
Working population:
Employment by sector:
| Sources: ILO, Eurostat, last available data |
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Employment contracts
Employment law is regulated by law number 15 of 1981. Foreign employees cannot expect a work contract in Libya unless they have a work permit and a residency permit issued by the competent Libyan authorities. The contract is in the form of a written undertaking that must include: - the duration of the engagement, - the rights and obligations of the employee, - the number of hours worked daily and weekly, - holidays, - length of leave periods, - the salary as well as overtime payments, - accommodation, - insurance.
Salaries
National monthly minimum wage as of 2001:
150 LYD
Average wage for a worker
in the manufacturing industry in
2001:
190
LYD
by
month
(ILO data)
Social security contributions
Employer: 11.25%
Employee:
3.75%
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