arabtoday
Last Updated : GMT 14:30:44
Arab Today, arab today
Arab Today, arab today

Morocco youth unemployment \'very serious\'

Arab Today, arab today

Arab Today, arab today Morocco youth unemployment \'very serious\'

Rabat - AFP

The World Bank on Friday described the problem of youth unemployment in Morocco as \"very serious,\" with similarities to other countries in the region where youth-led protests brought about regime change. \"It is a very serious problem,\" Inger Andersen, the bank\'s vice president for the Middle East and North Africa, told AFP, speaking in Rabat at the end of a two-day visit to Morocco. The World Bank published a report in June that said around 30 percent of Moroccans aged between 15 and 29 -- who account for 44 percent of the working age population -- were unemployed. But Andersen cautioned that such statistics did not reflect a key aspect of the problem, namely that many of those out of work had \"given up\" on the labour market. \"They are not active job seekers.\" She said the bank had yet to carry out similarly detailed studies on the unemployment situation elsewhere in the MENA region, but said provisional research also indicated \"very high\" levels of youth unemployment. \"I think we are finding a lot of similarities among the Arab Spring countries,\" she said. \"And in fact it was indeed the youth that spoke out for change,\" she added. Morocco has mostly been spared the unrest that swept North Africa last year, toppling the leaders of Tunisia, Egypt and Libya. King Mohammed VI managed to contain the protest movement by introducing significant reforms to curb his near-absolute powers, culminating in November elections that saw a moderate Islamist party win most seats and head a coalition government. But there are sporadic protests and social discontent persists, particularly among Morocco\'s youth population, driven partly by the lack of job opportunities. Andersen said Morocco\'s economic growth was likely to slow from 4.9 percent last year to around 3 percent in 2012, due to its heavy reliance on trade with the eurozone, and warned of the challenges that rising food prices were likely to cause the government. Morocco\'s budget deficit hit a record 6.1 percent of GDP last year, caused by rising international commodity prices and the growing subsidies bill, notably on food, and some fear that it could rise further. Although the country is an agricultural producer, the cost of food remains relatively high in 2012, caused by a harsh drought that has badly affected agricultural output and a 20 percent rise in petrol prices. Finance Minister Nizar Baraka, quoted by the official MAP news agency, said on Wednesday that the government hoped to bring the budget deficit down to just 5 percent this year, mainly thanks to an improved fiscal situation.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today morocco youth unemployment \very serious\ Arab Today, arab today morocco youth unemployment \very serious\

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today Holiday magic is everywhere

GMT 13:04 2016 Saturday ,03 December

Holiday magic is everywhere
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today First buses take Aleppo residents back

GMT 07:33 2016 Monday ,05 December

First buses take Aleppo residents back
Arab Today, arab today What next after landmark

GMT 09:01 2016 Saturday ,03 December

What next after landmark
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Dino-killing crater shows clues

GMT 14:43 2016 Thursday ,24 November

Dino-killing crater shows clues
Arab Today, arab today Dubai Women Establishment delegation

GMT 13:00 2016 Monday ,05 December

Dubai Women Establishment delegation
Arab Today, arab today To battle Japanese whaling fleet

GMT 11:53 2016 Monday ,05 December

To battle Japanese whaling fleet
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today Trump, politics on the mind

GMT 12:58 2016 Friday ,02 December

Trump, politics on the mind
Arab Today, arab today Green groups pressure Spain

GMT 13:01 2016 Thursday ,01 December

Green groups pressure Spain

GMT 11:44 2016 Thursday ,01 December

Austria's race against time

GMT 08:00 2016 Saturday ,03 December

For Yazidi women left behind

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 13:01 2016 Tuesday ,29 November

Car manufacturers to power Europe

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 13:19 2016 Monday ,21 November

New nationalism stoking fears

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday