An economist warns of the high unemployment rate in Iraqi society

Saturday 05, February 2022 10:28
 
Baghdad / NINA / - An expert in economic affairs, Raad Twij, warned of the high rate of unemployment in Iraqi society in return for the increase in human growth, stressing: "Unemployment increases the negative social repercussions, which requires controlling the engineering population growth process through awareness, planning, setting standards and guidance."

Twig said in a statement to the National Iraqi News Agency ( NINA ): "The percentage of young people in the population pyramid in Iraq has increased, after the percentage of young people was 45%, which ranges between ages (15 to 45 years), that is, of working age, it has become, according to the declaration of the United Nations. 60%. In such cases, the dependency ratio is supposed to decrease, as each person supports 5 people, and the dependency ratio becomes each person supports 7 people, due to the high unemployment rate.”

He pointed out that "the high rate of unemployment increases the negative social repercussions, which requires controlling the process of engineering population growth through awareness, planning, setting standards and guidance," noting that, the Ministry of Planning did not work in this direction and it is at the core of its work and duty, and that population growth rates in Iraq are from the highest Growth rates in the world, and may reach 2.7%. It is supposed to be 2% or less, as in the European Union countries, and in this way, these countries preserved their well-being.”/ End 8

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