[01] David Masamba Famode, Faculty of Economic Sciences, University of Mbandaka, Mbandaka, Democratic Republic of the Congo. [02] Celestin Lokuli Eeke, Faculty of Economic Sciences, University of Mbandaka, Mbandaka, Democratic Republic of the Congo. [03] Koto-te-Nyiwa Ngbolua, Faculty of Science, University of Kinshasa, Kinshasa, Democratic Republic of the Congo; Faculty of Science, University of Gbado-Lite, Gbado-Lite, Democratic Republic of the Congo.

The purpose of this study was to estimate the long run relationship between unemployment and economic growth in Democratic Republic of the Congo (DRC) according to Okun’s Law model. The time series statistics from World Bank, covering the period from 2002 to 2018 were transformed in quarterly data. By checking data with the Augmented Dickey-Fuller (ADF) test, the result indicated that all variables are stationary in second difference except economic growth, which is stationary at first difference. The co-integration test realized after revealed that there are two long run relationships between variables. The assessment by vector error correction (VEC) model leads to results following that, unemployment has a negative long run relationship with economic growth. The augmentation of economic growth to 1% decreases unemployment to 2, 85%. This result supports the Okun’s Law in DRC around certain measure. This implies that government must conjugate many efforts to decrease unemployment firstly, by allocation of an important part of economic growth to investment. It cans allow the hiring and by consequence, decreasing of unemployment. The enterprises must be numerous and sufficiently connected to macroeconomic instruments particularly the interest rate, which permit to create jobs by his fall.

Unemployment, Economic Growth, Okun’s Law, Econometric Modelling, Congo-Kinshasa

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