What caused Egypt unemployment?

What caused Egypt unemployment?

The unemployment issue in Egypt is mainly about the educated youth seeking its first job. The mismatch of skills between job requirements and the qualification of job seekers, the high reservation wage of new school leavers, and limited labor mobility are at the root of the problem.

What is the main cause of unemployment in the Philippines?

Causes of Unemployment in the Philippines Unemployment in the Philippines is attributed to reasons including overpopulation, oversupply of labour force on certain industries and the inability to take on available jobs.

What is the unemployment of Egypt?

CAIRO – 15 August 2021: Egypt’s unemployment rate recorded 7.3 percent of the total labor force during the second quarter of 2021, compared to 7.4 percent in the first quarter of 2021, marking a decrease of 0.1 percent, and a decrease of 2.3 percent during the same quarter of prior year, according to the Central Agency …

How can we solve the problem of unemployment?

Ways to Solve Unemployment Problem:

1. Ensuring political stability.
2. Enhancing the educational standards.
3. Control of population growth in the nation.
4. Launch of new empowerment programs.
5. Encouraging self-employment/ entrepreneurship.
6. Ensuring access to basic education.
7. Reducing the age of retirement.
8. Avoid laziness.

What is the poverty rate in Egypt?

29.7%
CAIRO – 18 October 2021: Poverty rates in Egypt fell 2.8 percent during the fiscal year of 2019/2020, recording 29.7 percent, down from 32.5 percent in 2017/2018, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

What was the unemployment in Egypt 2020?

CAIRO – 23 June 2021: Egypt’s unemployment rate stabilized during 2020 at 7.9 percent, recording the same rate of 2019, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

What are the main causes of unemployment in the Philippines?

The lack of investors and businesses that could provide good jobs for the Filipino people is one key factor of growing unemployment in the Philippines, but probably one cause of unemployment in the Philippines may be lack of education with the increasing demands of the fast developing world.

How many people needed jobs in the Philippines?

There are millions of people needed Jobs and only few can provide one. Overpopulation is one of the key factors in the growing unemployment in the Philippines. The growth of population directly encouraged the unemployment by increasing the labor force.

What is the educational attainment of the unemployed in the Philippines?

Most of the unemployed in the Philippines by educational attainment: 21 . 7% were college graduates, 13. 6 percent were college undergraduates, and 32. 8 percent were high school graduates (National Statistics Office, 2013).

What is the current economic growth rate in the Philippines?

Philippines met its government projections of 6%-7% growth range; the countrys gross domestic product (GDP) growth increased to 6. 6% in 2012 compared to 3. 9% in 2011 (Central Intelligence Agency, 2013). Don’t use plagiarized sources. Get Your Custom Essay on Unemployment Problem In The Philippines