Unemployment rate in Turkey rose in January for the third consecutive month, positioned at 10.8 percent, authorities from Turkish Statistical institute (TUIK) reported Monday.
"Unemployment among males recorded 8.2 percent in 2017, down from 8.9 percent in 2016", the report said, adding that the gender gap resulted in a 23.1 percent unemployment rate for females in 2017, down from 23.6 percent in 2016.
The seasonally adjusted unemployment rate was 9.9 percent in the January period without any change compared to the previous period.
The figures presented by CAPMAS showed that the rate of unemployment among youth whose age range between 15 to 29 is 24.8 percent. In 2017, the number of unemployed people recorded some 3.46 million. The participation rate was 51.5% in January 2017. The number of employed persons increased by 1.36mn from January 2017 to January 2018.
The report said 25 percent of Egyptian employees work in agricultural and fishing sectors, 12.9 percent in building and construction sectors and 12.6 percent in wholesale and retail trade. Egypt's growing population also contributes significantly to the problem.
Lall added that the private sector alone can provide these opportunities through the establishment of small and medium enterprises, and the expansion of existing companies where it is hard for the public sector to step in.
In order to decrease the rates of unemployment, high rates of economic growth are needed. Egypt witnessed a growth rate of 5.3 percent in the second quarter of fiscal year 2017/2018, targeting to achieve a rate of 5.8 percent during the next fiscal year, and 7 percent in 2022.
Egypt 2030 Vision aims to reduce unemployment from the current percentage to 4 percent.
From April 14-15 Bitcoin (BTC) has raised more than 1.77%
Super Bitcoin ( CURRENCY :SBTC) traded 22% higher against the dollar during the 24-hour period ending at 0:00 AM ET on April 8th. Save and Gain (SANDG) traded down 5.4% against the dollar and now trades at $0.0058 or 0.00000071 BTC.
Look Who Showed Up To Ohio State's Spring Game
HIGH ON DRE'MONT JONES: Meyer said defensive tackle Dre'Mont Jones "probably had the best spring of anybody on our team". Burrow went into preaseason practice last season listed as the back-up to four-year starter J.T.
Analysts Issued Domtar Corp (UFS) Target Price at $40.40
In 2017Q4 Securities and Exchange filling is reported Qv Investors Inc's stake in Domtar Corp (UFS) which was reduced by 22.6%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.
Celebrities Who Suffer With Chronic Diseases
Now if that isn’t the epitome of what a BFF is, I don’t know what is! Selena continues to be on chronic medication. There is also a huge list of celebrities past like famous painter vincent Van Gogh who suffered with this disease.