The world’s highest youth jobless rate left the Middle East vulnerable to the uprisings that ousted Egypt’s Hosni Mubarak and three other leaders in the past year. It has got worse since then. About 1 million Egyptians lost their jobs in 2011 as the economy shrank for the first time in decades. Unemployment in Tunisia, … Continue reading
Egypt’s fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on its website on Saturday. Unemployment, one of the key triggers of the mass demonstrations that toppled Hosni Mubarak, rose to 12.4 percent in the fourth quarter of 2011, compared to 8.9 percent in the fourth quarter … Continue reading