Friday, February 13, 2009

Arab unemployment

The latest report by the International Labour Organisation (ILO) has painted a sad and scary picture for the status of employment in the world including the Middle East and North Africa (Mena) region in 2009. A situation that, if not rescued, many Arab experts warn, will lead to a combination of social, political and economic problems.

In short, global unemployment in 2009 is expected to increase over 2007 by 18 million to 30 million workers and more than 50 million if the situation continues to deteriorate because of the international financial crisis.

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