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COUNTRY TRADING PROFILES
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Labour market
The active population in figures |
Working conditions |
Cost of labor |
Social partners
The active population in figures
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2010 |
| Labor force |
1,729,000 |
| Rate of activity (%) |
52.8 |
Source:
CIA - The world factbook
; UN - United Nations
Note: (e) Estimated data
Working conditions
- Legal weekly duration
- 48 hours
- Retirement age
- Retirement age is fixed at 65 for men, 60 for women and 62 for civil servants.
- Working 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 residence permit issued by the competent Libyan authorities. The contract is in the form of a written undertaking that must include: - the duration of the undertaking, - 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.
Cost of labor
- Minimum wage
- 150 LYD per month
- Average wage
- The average monthly gross earnings is LYD 190.
- Social contributions
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Social security contributions paid by employers: 11.25%
Social security contributions paid by employees: 3.75%
Social partners
- Social dialogue and involvement of social partners
- There is only one trade union in Libya that employees are allowed to join. This is the National Federation Of Unions, formed in 1972. Foreign workers are not allowed to form unions.
- Labor regulation bodies
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The Revolutionary Command Council (RCC)
© Export Entreprises SA, all rights reserved.
Last updates: May 2012
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