Rabat - A new report released by the Arab Monetary Fund (AMF) states that 28 percent of young people in the Arab world are unemployed.
Rabat – A new report released by the Arab Monetary Fund (AMF) states that 28 percent of young people in the Arab world are unemployed.
According to the report, which collected figures from the International Labor Organization (ILOT), the rate of unemployment in young people in the Arab countries is the highest in the world, representing more than double the global rate of unemployment which is set at 12 percent.
The report, entitled “Youth Unemployment in Arab Countries,” showed that unemployment in Arab countries is mainly among females and the newly graduated.
Those with an education represent up to 40 percent of the unemployed in the region.
Similarly, the female population represents 43.4 percent of the unemployed in the Arab countries, which is more than three times the world rate set at 12.7 percent.
The “Youth Unemployment in Arab Countries” also reported that in addition to other factors, the wide gap between the requirements of the job market and the outcomes of the education systems accentuates unemployment.
The report identified the recent decline in economic growth in Arab countries as well as the global growth which remains “insufficient” as challenges facing youth employment in the Arab countries.
As for measures taken to face these challenges, the report said that Arab governments have invested enormous efforts in the past two decades to decrease unemployment rates by implementing programs and new measures in order to achieve economic stability and job offers.