Sunday 30 August 2015
 
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Unemployment

Egypt unemployment down to 12.7pc in Q2

Egypt's unemployment rate edged down to 12.7 per cent in the second quarter of 2015, from 12.8 per cent in the first quarter and below the 13.3 per cent recorded for the same period last year, the statistics agency said. Presi

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Unemployment in Bahrain hits record low

Unemployment in Bahrain has hit a record low, Labour Minister Jameel Humaidan announced yesterday, pointing out that it fell to 3.1 per cent in June down from 3.5 per cent in March. This is the lowest it has been since labour market records be

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US jobless claims fall to 281,000

The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a solid labour market. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted

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Unemployment rates soar in 25 US states

Unemployment rates rose in 25 US states last month, driven higher in many cases by more people who began looking for work but didn't immediately find jobs. Rates fell in nine states and Washington, DC, and were unchanged in 16

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Unemployment in Bahrain drops to 3.8pc

Unemployment in Bahrain has dropped to 3.8 per cent, said the kingdom’s Labour Minister, adding that the ministry plans to put more emphasis on making Bahrainis more appealing to businesses. Jameel Humaidan was speaking at a

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E-commerce 'key to Saudi unemployment issue'

Increasing the pace of e-commerce rollout in Saudi Arabia has the potential to create industries that will absorb unemployed nationals including youth and women, said an industry expert. “Electronic Commerce requires an orga

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E-commerce key to jobs for Saudi youth, women

Increasing the pace of e-commerce rollout in Saudi Arabia has the potential to create industries that will absorb unemployed nationals including youth and women, said an industry expert. “Electronic Commerce requires an orga

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Egypt targets FDI worth $60bn over four years

Egypt wants to attract foreign direct investments worth $60 billion and to get an average growth rate of seven per cent over the next four years, the country's planning minister said. Ashraf Al-Arabi also said Egypt was target

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US unemployment rate falls to 5.5pc in February

US employers stepped up hiring in February and the jobless rate fell to its lowest level since the spring before President Barack Obama took office, which could put pressure on the Federal Reserve to raise interest rates in June.

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Youth unemployment 'highest in Mideast’

Youth unemployment in the Middle East is higher than anywhere else in the world, according to a leading expert. Microsoft Gulf regional general manager Samer Abu Lteif said majority of the world's 75 million unemployed young p

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