Nineveh tops the indicators.. The recovery of the economy reduces the unemployment rate

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[size=52]Nineveh tops the indicators.. The recovery of the economy reduces the unemployment rate[/size]

[size=45]Baghdad / Hussein Hatem[/size]
[size=45]The Ministry of Planning expects unemployment rates to decline at the end of the year 2022, at a rate lower than it was in the previous year, as a result of the rise in oil prices and the improvement of the Iraqi economy, while specialists believe that the figures disclosed by the Ministry of Planning regarding unemployment rates are far from reality.[/size]
[size=45]Despite the improvement in the financial situation during the past months, the increase in the reserves of the Central Bank to more than 70 billion dollars, the decrease in the internal debt rate to 70 trillion dinars, and the decrease in the external debt to 20 billion dollars, these matters did not affect achieving a reform of the unemployment file in the country.[/size]
[size=45]The Ministry of Labor and Social Affairs had indicated earlier that 9 million citizens, or about a quarter of the 41 million population, live below the poverty line in Iraq, as it announced that one million and 400 thousand families in all governorates are registered with it and beneficiaries of social welfare programs. , but in fact there are more than 3 million families who must be covered by the social benefit salary.[/size]
[size=45]“The unemployment rate for the year 2021 amounted to about 16.5 percent, which is higher than it was before 2020,” a spokesman for the Ministry of Planning, Abdul-Zahra al-Hindawi, said in an interview with (Al-Mada), expecting that “the percentage will decrease during the year 2022 due to the rise in oil prices and the recovery of the Iraqi economy.” .[/size]
[size=45]He added, "Unemployment in the previous year reached 36% among the age groups from 15 to 24 years, while the ages over 25 years reached 11% among them," noting that "the population outside the labor force is 60.5 percent of the total individuals aged 15 years and over, with a rate of 16 million people are outside the labor force out of the total number of individuals.[/size]
[size=45]Al-Hindawi explained, "The provinces with the largest rate of unemployment are Nineveh with a rate of 33 percent, followed by Muthanna with a rate of 27 percent, then Dhi Qar with a rate of 26 percent and Basra with a rate of 22 percent."[/size]
[size=45]And he pointed out, "The number of the population until the end of 2021, according to estimates, exceeded 41 million people," expecting that "the population for the year 2022 will reach (42) million people."[/size]
[size=45]Al-Hindawi suggested, “The population will reach 50 million in 2030,” noting that “these expectations come at a time when there is no general population census.”[/size]
[size=45]He pointed out that "the economically active population aged 15 years and over represents 64 percent, and this gives an image that the society is young," explaining that "out of this percentage, 50.3 are males, and 49.7 are females."[/size]
[size=45]And Al-Hindawi indicated that “the youth group between the ages of 15-24 years constitute 21 percent, while those aged 25 and over constitute 43 percent of the total population in Iraq,” pointing out that “the estimates of the labor force for the economically active amount to approximately 43.5 percent, and they are more Of 10 million people, while the participation of women in the labor force does not exceed 11 percent, compared to 68 percent of males.[/size]
[size=45]In turn, Bassem Jamil Antoine, a specialist in economic affairs, said in an interview with (Al-Mada), that “unemployment rates in Iraq are high, and the estimates of the Ministry of Planning are less than reality.”[/size]
[size=45]Antoine added, "The ministerial curriculum put forward by Prime Minister Muhammad Shia'a al-Sudani addresses one of the main points represented in reducing poverty and unemployment and creating job opportunities for the unemployed, especially graduates."[/size]
[size=45]He pointed out, "Including job grades within the budget for the year 2023, and working to find job opportunities that harness investment issues, as this will lead to reducing poverty and unemployment rates in society."[/size]
[size=45]Antoine stressed, "One of the reasons for the high rates of unemployment and poverty is the rampant corruption that has drained Iraq's vast wealth."[/size]
[size=45]He stressed "the need for real determination and will to rein in corruption, revitalize the Iraqi economy, and pay attention to the private sector."[/size]
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