Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Arab youth unemployment coasting USD50 b annually  Join our daily free Newsletter

MENAFN - 08/12/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) According to a new survey, between every four young Arabs there is one who is unemployed and the lost job opportunities cost the Arab world up to USD50 billion annually, according to Arabian Business.

The poll by Arab Thought Foundation and conducted by PwC, showed the region faces a major challenge of providing nearly 80 million new jobs by 2020.

The findings of the survey also shed light on the role of private sector in the region to drive growth and provide jobs to youth.

As for the economic future across the region, participants from the GCC were the most optimistic about the economic outlook of the region. Youth in countries with poor natural resources said they believe that the economic conditions have weakened over the last 12 months.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help