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Unemployment in Arab states, already running at 15 percent according to United Nations figures, could rise even further on the back of the global economic crisis, a conference in Doha was told on Saturday.
"We must get to grips with the impact on development and the employment market in the Arab world of the crisis shaking the world and disrupting financial markets," Ahmed Luqman, director general of the Arab Labour Organisation, told the Arab Forum on Development and Employment.
"The Arab nation must be in danger, with a high unemployment rate hitting our countries for the past two decades," he told participants who included around 20 Arab ministers.
On top of 17 million people unemployed, Arab nations need to create jobs for the four million young people who enter their employment markets each year, Luqman said.
Amat Al-Alim Alsowa, head of the UN Development Programme's regional office, said the unemployment rate averages 15 percent in the Arab world.
But it reaches 40 percent among people aged between 15 and 24, totalling 66 million out of the total Arab population of 317 million, of whom one third are under 14, she said.
The severity of the jobless rate "is an enormous challenge for Arab countries and their economies, even for their stability because of the effects of the global crisis and the risk of recession in the world", warned Amr Mussa, secretary general of the Arab League.
The forum's conclusions will be submitted to the Arab Economic Summit, scheduled for January in Kuwait, which will focus on poverty and unemployment.
I dont think its that a big deal to be honest. companies and people who already work in saudi are aware of the Hijri new year so it woudnt affect them... more
Wednesday, 23 May 2012 3:21 PM - Nas-hwe are in trouble because of Leighton, since they joined our company, and our company is going down down and down. so pls Leighton leave us more
Tuesday, 22 May 2012 4:22 PM - KumarA very wise and timely warning to protect the UAE nationals from marrying opportunists. more
Wednesday, 23 May 2012 7:55 PM - Layth
Dear all,
Arab Youths are the Younger generations of Arabs. They need not work ( On the other hand they should set up their Own Business) The... more
I listed my property with a leading British run agency. After several weeks there had not been one inspection. The web site looked lovely but no viewings... more
Wednesday, 23 May 2012 11:35 AM - Christhe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurI dont think its that a big deal to be honest. companies and people who already work in saudi are aware of the Hijri new year so it woudnt affect them... more
Wednesday, 23 May 2012 3:21 PM - Nas-hIt is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more
Sunday, 20 May 2012 7:40 PM - Juma Said JumaPalm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more
Wednesday, 23 May 2012 4:13 PM - PaulInstead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - Fahdthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbI dont think its that a big deal to be honest. companies and people who already work in saudi are aware of the Hijri new year so it woudnt affect them... more
Wednesday, 23 May 2012 3:21 PM - Nas-hWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - Baffy
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