Unemployment among Arab youth highest in the world

Some 28 per cent of the Arab youth are unemployed, the highest rate in the world, Alkhaleejonline.net said a new study revealed.

According to the report issued by the Arab Monetary Fund, the unemployment rate among Arab youth is more than double that of youth in other parts of the world which is at 12 per cent.

The study showed that unemployment in Arab countries is mainly among the females and the newly graduated youth. Unemployment among females is estimated to be 43.4 per cent compared with international levels of 12.7 per cent.

Regarding new graduates, the study showed that 40 per cent of them were unemployed in Arab countries.

It is believed the high unemployment rates are caused by the decline in economic development, lack of comprehensive development that targets all levels of society, adopting development methods based on accumulated capitalism and the increase in the workforce.

There is also an increasing gap between the demands of the work market and the outcomes of the education systems, the study revealed.