(ANSAmed) - DOHA, JUNE 12 - Youth unemployment in the Arab
world requires immediate action by the large entrepreneurs and
employers, a report by the consulting company Booz&Company
reveals.
The research shows that in the next ten years the Arab world will need to create at least 75 million new jobs with a 40% increase compared to current figures. Observers declare that social problems deriving from high unemployment rates has played a determining role in the development of the Arab Spring which crossed over into many countries in North Africa and is now going on in many parts of the Arab world including the states in the Persian Gulf.
According to the study by Booz&Co, the great firms, sometimes more so than the governments, do have the resources to create jobs. For this reason, an environment which is favourable to making business could cut down on the unemployment rates.
According to the Aon Hewitt 2012 People risk Index, Dubai (29) is the first country in the Mideast zone and North Africa (MENA) with the lowest risk for employers, followed by Doha, 42nd in the general list, Muscat (47) and Manama (49). The index risk has been valued taking into account the difficulty which the companies have to go through to sign up, employ and de-localize in 131 cities all around the world. The last names in the list are Baghdad (129), Sanaa (130) and Damascus (131).
Several factors have been taken into account, such as the government politics regarding the labour market and the ease with which one can hire highly trained professionals. (ANSAmed).
The research shows that in the next ten years the Arab world will need to create at least 75 million new jobs with a 40% increase compared to current figures. Observers declare that social problems deriving from high unemployment rates has played a determining role in the development of the Arab Spring which crossed over into many countries in North Africa and is now going on in many parts of the Arab world including the states in the Persian Gulf.
According to the study by Booz&Co, the great firms, sometimes more so than the governments, do have the resources to create jobs. For this reason, an environment which is favourable to making business could cut down on the unemployment rates.
According to the Aon Hewitt 2012 People risk Index, Dubai (29) is the first country in the Mideast zone and North Africa (MENA) with the lowest risk for employers, followed by Doha, 42nd in the general list, Muscat (47) and Manama (49). The index risk has been valued taking into account the difficulty which the companies have to go through to sign up, employ and de-localize in 131 cities all around the world. The last names in the list are Baghdad (129), Sanaa (130) and Damascus (131).
Several factors have been taken into account, such as the government politics regarding the labour market and the ease with which one can hire highly trained professionals. (ANSAmed).
