The labor market requires the expansion of the volume of investments

The labor market requires the expansion of the volume of investments



5/22/2017 0:00

BAGHDAD / Imad Emirate
Although the Iraqi labor markets operate under a new economic environment, with the availability of material and human potential, but there is unemployment is rampant under the rentier recovery experienced by the Iraqi economy and became a citizen in which overPHa are becoming more pronounced than it was before 2003, however, the the performance of the economy level took decline gradually to the well-being of its citizens after the collapse of international oil prices and decline to more than half in the last three years .fbad that the level of the price per barrel reached its peak in 2008 to $ 140 a barrel was less than $ 50 but came to less than $ 40 a barrel in the month of august m N 2015, oil prices are still low so far, which means that the indicators are the other had fallen.


The conditions of the markets ,
Dr. Jamal al - Ani pointed out that the economic environment experienced by Iraq affected the conditions of the labor markets, noting in an interview with the "morning" so we find that the most prominent constraints that cast a shadow on the labor market, the lack of domestic investment (public and private sector) , except for the oil sector to Besides the general situation means that employment in this sector and a few Atemts surplus labor in the labor markets.
Ani pointed to the difficulty of expanding employment opportunities without expanding domestic and foreign investment , because the expansion of local employment opportunities creates incomes for these workers , whether entrants to the first time the labor market or who found themselves among the unemployed, and these incomes generated from these investments creates demand for goods and services It generates demand for labor and creates versatile skills and competencies and thus expand the market of services and goods. The entry of investments and said al - Ani , the need to be directed investments to key sectors of agriculture, industry, services and construction sectors being a real Iraqi citizen affecting the economic and food on the one hand and security and provide him an opportunity to work on the other. The continuing claims by economists in order to activate the rapid productive sectors, including the agricultural sector , which has all the elements of the strong advancement of the existence of the land, water and manpower. Economic openness Ani said the economic growth in Iraq was limited to the oil sector only confirms the rentier aspect of this growth is not part of the domestic commodity production, adding that this makes the Iraqi economy open to the outside substantially putting him to crises and cycles governing foreign economies, in addition so the security situation has affected directly in the local aggregate supply side in terms of local foreign investment, which led to a decline in these investments are not encouraging, this situation is pushing the Iraqi investor to import goods from various foreign goods as their own identity in effect only Local crown significantly.


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