Economic center: 500 thousand people enter the labor market in Iraq annually
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Economy News-Baghdad
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Added 11/15/2022 - 10:27 AM
Updated 11/15
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Economy News-Baghdad
The head of the Iraq Future Economic Center, Manar Al-Obaidi, warned, on Tuesday, of a real disaster facing the government sector due to the continuous increase in spending on the salaries of new employees without achieving any useful production.
Al-Obeidi said in a post on his Facebook page that "Iraq is the country with the highest percentage of government employees to the total workforce, according to a study prepared by the International Labor Organization," noting that "the percentage of workers in the government sector in Iraq is 37% among a group of countries included in the study."
He explained that "the government sector is the most pressured sector on the Iraqi state's budget, which goes entirely to the salaries of employees without the presence of real production equivalent to these high expenses as a result of the inability of the Iraqi state to create an investment environment that contributes to encouraging the private sector and providing job opportunities through it, which increases the pressure." on the public sector and demand the creation of job opportunities in the public sector.
And he considered that "the absence of policies to support small and micro projects and the absence of clear regulation and legislation regulating the work of the labor sector for these projects leads to the creation of a random work environment that is unable to provide the most basic rights to random private sector employees."
And he believed that "the first goal that the Iraqi state must take is to work to create a healthy investment environment capable of attracting funds to various sectors and support the private sector in order to provide job opportunities and work to encourage, develop and structure micro and small projects and work to legislate labor laws that are in line with the requirements of the market." The current work, which is mostly a random market, deprives the worker in the private sector of his most basic rights.”
He warned of "the continuation of population growth rates and the entry of more than 500,000 people annually into the labor market, which will increase pressure on the government sector to provide job opportunities, which heralds a real disaster that must be resolved with bold and proactive steps that contribute to providing job opportunities, and the first of these steps is the formation of a special body that deals with projects." Micro and small to organize and legislate the work of this important sector and the only one capable of accommodating hundreds of thousands of job seekers.
Views 90
Added 11/15/2022 - 10:27 AM
Updated 11/15
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