14 million unemployed in Arab world
The number of unemployed in the Arab world has risen to nearly 14 million from a working Arab population estimated at around 90 million people, the head of the Arab Labor Organization (ALO) said Monday, April 2.
"The number of unemployed in the Arab world has been on the rise over recent years and last year reached 14 million, representing nearly 15 percent of the total of the active Arab workforce," ALO head Ibrahim Queidar told reporters during a meeting of Arab labor ministers.
He blamed the increase on "the setback in performance by Arab economies and the weakness in investment opportunities in the Arab world."
In his speech at the opening of the labor ministers' meeting, which runs till April 9, Queidar warned that "the problem of unemployment threatens social stability in Arab countries." — (AFP, Amman)
© Agence France Presse 2001
© 2001 Mena Report (www.menareport.com)