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EGYPT25

 

 

The USA gives EGYPT billions of dollars. Its economy is dependant on tourism.

Unemployment has been one of the major problems of Egypt for over a few decades. The problem of unemployment in Egypt has increased significantly since the 1960s.

 

Total unemployment in Egypt, in 1960 was less than 200,000. By 1976, total unemployment rose to 850,000 and by 1986 this figure was more than two million. Unemployment has had severe effects on the Egyptian economy. It has also had negative mental and physical impacts on the Egyptian society.

 

Job opportunities have grown at a slower rate in Egypt compared to the growth rate of population. Moreover in rural Egypt, there are some areas with excess labor force while some regions have a scarcity of labor.

 

The youth of Egypt are most severely affected by the unemployment problem. Egyptian graduates have to wait for more than five years on an average to get employed by the labor force administration. Hence, unemployment is highest among the young graduates in Egypt.

 

 

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Uploaded on September 24, 2014
Taken on August 22, 2023