Saturday 19 April 2014
 
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Unemployment

Bahrain unemployment rate drops to 4pc

Bahrain's unrelenting efforts to slash unemployment and create jobs for university graduates have paid off. The rate of unemployment has dropped from 15 per cent to 4 per cent over the past years, said a report in the Gulf Dai

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Saudi Arabia plans jobsless insurance

Saudi Arabia will introduce compulsory unemployment insurance this year for all citizens with jobs, the world's top oil exporter said on Monday. Saudi Arabia is trying to push more citizens into work to tackle long-term unempl

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Saudi Arabia plans unemployment insurance

Saudi Arabia will introduce compulsory unemployment insurance this year for all citizens with jobs, the world's top oil exporter said on Monday. Saudi Arabia is trying to push more citizens into work to tackle long-term unempl

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Jobs only answer to Mideast problems

There is no denying the fact that Arab springs were fuelled primarily by unemployment and economic inequality against a backdrop of social and political injustices and general corruption. Indeed, youth unemployment is particularly rampa

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WARNING: Gulf needs urgent labour reforms

Gulf oil exporters may see unemployment among their citizens rise in coming years unless they change a decades-old habit of relying on cheap foreign labour, the International Monetary Fund said on Wednesday. Since the 1970s, milli

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High home ownership linked to high unemployment

High levels of home ownership are strongly linked to subsequent rises in unemployment because labour mobility becomes reduced, according to new research. Using data going back to 1950 across all U.S. states except Alaska and Hawai

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Job seeker numbers to jump to 95m by 2030

The number of job seekers in the Arab world is projected to soar to 95 million by 2030 from the current 55 million, said a report. Fighting unemployment, development of human capital and preparing administrative leaders have becom

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Highest unemployment rate in Mena region

The Middle East and North Africa (Mena) region had the highest unemployment rate across the world in 2012 at 19 per cent, said a report. "Mena had the highest unemployment rate of all regions in 2012 at 19 per cent, followed

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Bahrain unemployment rate edges up in Q2

Bahrain’s unemployment rate for the second quarter of the year rose to 4.7 per cent up from 4 per cent in the first quarter, said a senior government official. Labour Minister Jameel Humaidan attributed the increase to the f

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Joblessness ‘to intensify in euro zone's hardest hit’

The queues of jobless people across Spain, Portugal and Greece will lengthen further but an end to recession is within sight, according to the latest Reuters poll on some of the euro zone's most vulnerable economies. Monday

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