By Masood Ahmed
(Version in عربي )
For the six oil-importing countries in the Middle East and North Africa region—Egypt, Jordan, Lebanon, Morocco, Syria, and Tunisia—high unemployment is a chronic problem. Unemployment rates here are among the highest worldwide. This can have enormous economic and social costs, with the potential for what the IMF Managing Director has described as a ‘lost generation’ of unemployed.
Figures for these six countries in the region, outlined in our October 2010 Regional Economic Outlook, are staggering. (more…)
Filed under: Economic Crisis, Economic outlook, Employment, International Monetary Fund, Middle East, عربي | Tagged: business environment, competition, education, Egypt, Jordan, labor force, labor regulations, Lebanon, Morocco, oil-importing countries, Promote growth, public sector hiring practices, Regional Economic Outlook: Middle East and North Africa, skills, social protection, Syria, training, Tunisia, unemployment, unemployment insurance, youth unemployment | 2 Comments »
