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Dubai’s 0.5pc unemployment ‘much below global average’Dubai had an unemployment rate of 0.5 per cent in the last year, a figure that is significantly lower than the global average, according to a labour force report released by Dubai Statistics Centre (DSC). Dubai had an unemployment More… |
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Egypt's unemployment rate eases to 12.7pcEgypt's unemployment rate eased slightly in the first quarter of 2016 to 12.7 percent from 12.8 percent in the previous quarter as well as the same quarter a year earlier, the statistics agency said on Sunday. Analysts believe More… |
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World Bank to lend Tunisia $5bn over five yearsThe World Bank plans to lend Tunisia $5 billion over five years to support democratic transition in the North Africa country and revive its economy, Tunisia country manager for the World Bank said on Friday. The North African coun More… |
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Global jobless rate to slip lower next year: ILOThe global unemployment rate will inch down to 5.7 per cent in 2017 from 5.8 per cent in 2014-16, helped by job creation in the US and Europe, although a growing population means the total of number of unemployed people will rise, the Internatio More… |
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Egypt unemployment down to 12.7pc in Q2Egypt's unemployment rate edged down to 12.7 per cent in the second quarter of 2015, from 12.8 per cent in the first quarter and below the 13.3 per cent recorded for the same period last year, the statistics agency said. Presi More… |
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Unemployment in Bahrain hits record lowUnemployment in Bahrain has hit a record low, Labour Minister Jameel Humaidan announced yesterday, pointing out that it fell to 3.1 per cent in June down from 3.5 per cent in March. This is the lowest it has been since labour market records be More… |
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US jobless claims fall to 281,000The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a solid labour market. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted More… |
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Unemployment rates soar in 25 US statesUnemployment rates rose in 25 US states last month, driven higher in many cases by more people who began looking for work but didn't immediately find jobs. Rates fell in nine states and Washington, DC, and were unchanged in 16 More… |
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Unemployment in Bahrain drops to 3.8pcUnemployment in Bahrain has dropped to 3.8 per cent, said the kingdom’s Labour Minister, adding that the ministry plans to put more emphasis on making Bahrainis more appealing to businesses. Jameel Humaidan was speaking at a More… |
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E-commerce 'key to Saudi unemployment issue'Increasing the pace of e-commerce rollout in Saudi Arabia has the potential to create industries that will absorb unemployed nationals including youth and women, said an industry expert. “Electronic Commerce requires an orga More… |
