Job Market Monitor
Algeria
After the Arab Spring / Youth unemployment still the most urgent challenge
Across the region, economic growth has fallen since 2011. In Egypt, Syria and Tunisia, and to a lesser extent, Lebanon, it happened mainly as a result of political instability. Since young people occupied Tahrir Square in Cairo, Egypt’s economy, the region’s largest, has shrunk by 7% and exports have fallen by around 40%, while the … Continue reading
Algeria / Thousands protest against unemployment
Thousands of protesters have rallied in central Algeria over a lack of jobs and corruption by government officials, local media has reported. Nearly 10,000 people gathered in the central square of the desert town of Ouargla on Thursday, chanting “the people want the downfall of corruption” and anti-government slogans. The demonstrators claim the government is … Continue reading
Algeria | Unemployment and Labor Market Issues
Davide Furceri analyzes unemployment and labor market developments in Algeria and assess the factors that may hamper employment creation in Unemployment and Labor Market Issues in Algeria published by imf.org.(adapted excerpts by Job Market Monitor) He suggests that the relative low output-employment elasticities and rigid labor market are the main factors behind the still high level of unemployment, particularly among the … Continue reading
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