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Government plans to create 4 million jobs by 2015

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Government plans to create 4 million jobs by 2015



12/08/2011 14:31

Baghdad, Aug.12 (AKnews) - The Iraqi Planning and Development
Ministry has plans to create four million jobs in the course of the next
three years, the minister said today.

Ali Shukri told AKnews
that the opportunities which will be provided through the public and
private sectors with a view to decreasing the poverty rate from 23% to
16% by the end of 2014.
Iraqi private sector employment systems are
ad hoc with most employees deprived of basic rights, such as
unionisation and the right to a pension after retirement. Most Iraqis
are therefore, interested in work in the public sector.

The
Ministry’s first step towards this end is to assign procedures and plans
to rehabilitate the administrative organs of the state and organize
the allocation of posts.

Since the peak of economic woes in 2006
the Iraqi economy has stabilized. The unemployment rate has fallen from
52% to 15%, poverty from 45% to 23%, and inflation from 65% to 6%.

However, government figures show the unemployment rate for young males stands at 30.2% nearly double the rate for women, 16%.

By Jaafar Wanan [You must be registered and logged in to see this link.]

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