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Degrees without jobs.. Graduates facing the unemployment crisis
First 12/02/2024
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Between the joy of graduation and the anxiety of the future, many students stand on the threshold of a stage full of challenges.
Fatima Haider, a student in the College of Science, does not hide her fear of increasing unemployment, noting that graduation no longer guarantees a job opportunity, while student Muqtada Al-Aboudi confirms that success today requires personal skills that are not limited to university degrees, and he aspires to search for opportunities in the private sector.
According to the latest statistics issued by the Ministry of Planning, the unemployment rate across the country has reached (16.5%), while about a quarter of a million students graduate annually, facing a labor market that is unable to absorb them. In light of this reality, the private sector suffers from great weakness due to the absence of stimulating legislation, which increases the pressure on graduates.
Economic expert Mustafa Akram Hantoush explains that the lack of laws to support the private sector makes the situation more complicated.
The government, in turn, through the Ministry of Labor, is adopting training programs and granting small loans to graduates, while the economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed ambitious plans to reduce unemployment to less than (4%) by (2028), by supporting the private sector and achieving
sustainable development.
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