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Young professionals and fresh graduates eyeing lucrative careers may want to focus on finance, public administration, and manufacturing, as new official data ranks these fields among the top earners in Tanzania’s formal employment market.
The findings come from the 2023/24 Tanzania Formal Sector Employment and Earnings Survey, published by the country’s National Bureau of Statistics (NBS), which analysed employment and wage trends across the nation. The report shows that as of June 2024, the formal sector employed around 4.07 million people—of which 2.85 million were in the private sector and 1.22 million worked in government and other public institutions.
Dar es Salaam remains the powerhouse of employment, accounting for 33.7% of all formal jobs nationwide, followed by Morogoro (7.3%) and Arusha (5.6%). The capital’s dominance reflects its role as Tanzania’s economic and commercial hub, drawing major companies, industries, and financial institutions.
When it comes to salaries, the financial and insurance sector leads with an average monthly income of TZS 1,346,772, followed closely by public administration, defence, and compulsory social security at TZS 1,228,899. Both figures are well above the overall formal sector average of TZS 609,354 per month.
Other sectors performing above the national average include education, manufacturing, and non-profit institutions, highlighting their contribution not only to employment but also to competitive wages.
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A striking contrast emerges between the two major employment categories: the public sector offers an average monthly salary of TZS 1,273,395, more than double the private sector average of TZS 549,373. Analysts note that this pay gap is largely due to higher qualifications, structured pay scales, and job stability in public roles.
For students and career planners, these figures paint a clear picture: while opportunities are spread across various industries, sectors that demand specialised skills—such as finance, public service, and manufacturing—offer the highest potential for financial growth.
Economists believe these findings could influence both personal career choices and national education policies, as the demand for skilled labour in these sectors continues to grow. In the long run, aligning education with market needs could be key to improving incomes and reducing unemployment rates across Tanzania.
