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Unemployment in Lebanon reaches alarming levels

21-9-2018

In its issue of September 19, Al Diyar newspaper highlighted the alarming rates of unemployment in Lebanon which have crossed the redline and have come to a dead end. The ambition of young people, the newspaper wrote, ends the moment they receive their university degree, where, after years of hard work and studying, they end up jobless and their college diplomas displayed as wallpapers. Al Diyar said the government is primarily responsible for unemployment in the absence of a ministry for planning, in addition to universities and higher education institutions that are unaware of labor market requirements and outcomes. The wasta (connections and nepotism) play a part in hiring, the newspaper said, pointing out that he/she who gets a wasta is employed. In figures, Al Diyar noted an increase in the rate of unemployment which stood roughly at 36%, meaning there are around 660,000 jobless persons in the country. It drew attention to a 40% rise in the rate of unemployment among youth aged between 21 and 27 years, while noting that 25,000 persons who graduate every year require 6-fold increase in the number of existing jobs. The high rate of unemployment is driving graduates to emigrate, the newspaper reported, citing surveys which showed that 43% of young immigrants are university graduates (18-35 years), including 37% who are graduates in engineering, technology and sciences, 30% in administration and services and 13% in medicine. (Al Diyar, September 19, 2018)

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