• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The Ghost of Unemployment in Egypt.

Extracts from this document...


The Ghost of Unemployment in Egypt. By Mohamed Abdel Raouf 900-00-1018 Course: ECLT 113 Instructor: Dr. Valerie Farag Section: 14 Paper #2 - Draft #3 The Ghost of Unemployment in Egypt. Outline Thesis Statement: Unemployment in Egypt is a danger that is threatening Egypt's economy. Privatization and overpopulation are two of the major causes of unemployment in Egypt as they increase in the rate of the labour force without an increase in the amount of the jobs offered in the job market. In the other hand, the government is trying to find a solution of the unemployment problem. The government established the birth control program to decrease the rate of increase of overpopulation, but made a big problem by the privatization project. Outline: I. Overpopulation and privatization are the major causes of unemployment in Egypt and the entire world. II. Overpopulation is the main cause of unemployment. A. Increase the percentage of the labour force. B. Rapid growth in the population has a negative effect on the unemployment problem. III. The government is trying to find a solution to unemployment. IV. Privatization is another danger. A. The government is privatizing the public sector to increase wages. B. Privatization increases the unemployed labour force. C. Privatization caused to dismiss a lot of workers from their public jobs. V. The solution may be found in the new projects. ...read more.


This research estimated that the annual increase in the labour force per year is equal to 2.7, which is greater than the population increase (Egypt 2). The ghost of full employment is one of the major topics that Egypt is trying to find a solution to. Fatemah Farag, a famous writer for Al-Ahram Weekly, stated that the second meeting of the new cabinet, chaired by the Prime Minister Atef Ebeid, discussed ways of alleviating rising unemployment which has now reached 1.4 million (1). In addition to all this great labour unemployment, the government is not capable of supplying sufficient jobs for the graduating college students every year, so this number is increasing every year. "A recent report prepared by the Shura Council's Human Resource Committee estimated that the labour force would reach twenty million by the year 2000." (Farag 1). These number shows that the Egyptian job market is not capable of absorbing all the unemployed labour force. Nader El-Fergany, head of Almishkat Research Center, has concluded that little over 700,000 new job opportunities were created in the recent five years, but this number is needed to be created annually to absorb all new entrants. (Farag 1). "The World Bank estimates suggest that half a million new job will be needed annually for the next several years to take the new entrants in to the labour market and make inroads into the present backlog of unemployment." ...read more.


So there are 300,000 new jobless people each year in addition to workers who have been laid off by the public sector companies." (El-Fiqi 4). In conclusion, overpopulation and privatization are the main causes of unemployment in Egypt. Egypt now is making a program of decreasing the birth rates to stop the rapid increase in the population, but privatization problem still a big problem to the workers in the public sector as they feel insecure to lose their jobs. The thrust of most currently proposed solutions to unemployment is to encourage a mixture of programs that either prepare people better to fill new job vacancies when they arise or offer them temporary work placements (Philpott 218). The government is doing its best to decrease the unemployment rate, as Dr. Atef Ebeid says that the government attaches great importance to the issue of unemployment and the creation of job opportunities and had actually completed an overall plan that will provide 150,00 new government and private sector jobs, 2000,000 jobs in the small industries domain (Arabic News). Egypt is making great projects as Toshka and the reclamation of the desert in Sainai. These projects will aid to solve the problem of unemployment as they may offer many job opportunities for unemployed workers. Naguib Mahfouz declared that "When Toshka project is complete, it will pave the way for the creation of a new Egypt. It will solve many of the problems plaguing us: the shortage of arable land, the lack of housing and unemployment. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Macroeconomics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Macroeconomics essays

  1. Budget 2004-05 and Economic Analysis of Pakistan

    Currently, 500 CNG stations are providing CNG to more than 450,000 vehicles all over the country. During July - March 2003-04, 3173 million cubic feet of natural gas was supplied per day as against 2648 million cubic feet per day during the same period last year, showing an increase of almost 20 percent.

  2. How have the Rates of Inflation in the UK Changed Since the Monetary Policy ...

    How the changes in consumption and confidence changed with inflation supports the arguments that it is mainly changes in aggregate demand that cause inflation, as well as increases to the money supplied. This supports the argument that controlling interest rates is the best way of controlling inflation as increased interest rates have a direct effect on consumption.

  1. Unemployment Issues in Germany

    and transatlantic cooperation as well as the strengthening of international organisations, above all the United Nations and the Organisation for Security and Cooperation in Europe (OSCE) and the development of a more active and important role for Germany in these organizations.

  2. Identify the causes of unemployment and suggest suitable remedies

    It is based on a survey, so all those that are effectively unemployed, but do not claim the highly specific Jobseekers Allowance can be included. Those who are part of this measure but not included in the claimant count include the young unemployed who are not always eligible to claim,

  1. Extended Project - Microcredit

    Furthermore, I wish to study Economics at University, and I believe this will further my learning in the subject. I also believe that this will help me prepare for the new style of learning at University, which places a lot of emphasis on self-learning.

  2. Report on Austrlian Workplace Relations

    Productivity and economic growth have been positively affected by these relations. Economic growth is evident once analysing Australia's GDP. In Australia's GDP per capita in relation to the US as it has risen from 75% in the year 1983 to 79% in 2003.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work