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May 06 2017 - 13:38
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REPORT: Alarming figures on unemployment in Lebanon

publishing date: 06/05/2017 13:38:52
The Lebanese labor force is estimated at 1.3 million, 25% news ,lbci ,أخبار Unemployment,Lebanon,The Lebanese labor force is estimated at 1.3 million, 25%
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The Lebanese labor force is estimated at 1.3 million, 25% (number ranging between 325 and 350 thousand) of them are unemployed.

However, the official rate announced is only 10%.

 

According to Information International, the unemployment affects primarily the young people and those freshly graduated from university, and reaching an average of 40%. The report added that unemployment touches sectors such as tourism, services, education n and commerce.

 
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This percentage is subject to annual increase, according to the report by Information International, noting that around 30 thousand worker enters the job market every year, while only 7 to 10 thousand jobs become available during the best circumstances.

 

The causes of unemployment in Lebanon are numerous: Decline in economic growth and stagnation, the foreign competition (mainly Syrian), having around 80 thousand Palestinian refugees in the job market and many other causes.

 
 

For more details, watch the full report in the video above

 

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