Iraq - 30%
Iraq's unemployment rate of 30% is also at a high level, which directly leads to the waste of nearly one-third of labor resources. According to specific data, the total population of Iraq is about 40 million, and the labor force is about 15 million. Based on the 30% unemployment rate, the actual employed population is only about 10.5 million, and the number of unemployed people is as high as 4.5 million. If this part of the unemployed is fully employed, it can create an additional GDP output of more than $50 billion, given the level of GDP per capita in Iraq.
The reason for Iraq's high unemployment rate is, first and foremost, the devastation of the war. Since the U.S. invasion of Iraq in 2003, harassment by groups such as James has led to a contraction in economic activity and persistently high unemployment. Second, Iraq is overly dependent on oil exports, and other industries are developing slowly. When oil prices fluctuate, other industries are unable to adequately absorb the unemployed. Third, the lack of educational resources and the accumulation of human capital also restrict economic development and employment.
Faced with unemployment, the Iraqi government needs to diversify its industries and reduce its dependence on oil. At the same time, we should increase investment in education and improve the skills and quality of workers. In addition, it is necessary to continue to strengthen social stability and create an environment conducive to investment and entrepreneurship. Only through a multi-pronged approach and the continuous accumulation of human, material and institutional capital can Iraq's economy and employment rate improve.
To sum up, Iraq's 30 per cent unemployment rate is due to both its unique national conditions and its systemic problems. The government needs to take strategic measures to promote economic diversification, improve the quality of the labor force, and create a stable development environment. This will require long-term accumulation, but it will certainly increase the employment rate and release the value of the labor force.
Bahrain - 30%
Bahrain, an oil-producing country in the Persian Gulf, has an unemployment rate of 30 percent, which seems to contradict its wealth. But the data shows that this is mainly due to the high unemployment rate among young people. In 2021, Bahrain's youth unemployment rate was as high as 39.6%. In comparison, the overall labor force participation rate is about 77% and the overall unemployment rate is 11%.
Specifically, there are about 150,000 young unemployed people in Bahrain, and their employment difficulties have led to a loss of about $3 billion in the country's GDP. One of the reasons for the high youth unemployment rate is the disconnect between education and employment. Bahraini youth are increasingly educated, but the structure of the economy, which is dominated by oil, does not provide sufficient high-skilled jobs. Second, overemployment in the public sector has squeezed out employment space in the private sector. Third, Bahrain has implemented a policy of high welfare and subsidy cuts unique to oil-producing countries, which has reduced the initiative of young people to find jobs.
In response, the Bahraini government is diversifying its economy and developing high-end industries to attract more skilled talent. At the same time, through tax incentives and other means, enterprises are encouraged to recruit and train young people for employment. In addition, the policy of retrenchment and subsidy will be adjusted to moderately reduce welfare dependence. In the long run, economic restructuring combined with investment in education will help ease the pressure on youth employment and reduce the overall unemployment rate.
In summary, the problem of unemployment in Bahrain is mainly concentrated in the youth group. It is necessary for the government to strengthen the coordinated development of industry and human capital, and at the same time adjust unreasonable welfare policies. This requires a two-pronged approach of economic and social structural adjustment and the change of young people's own concepts, so as to fundamentally solve the problem of youth employment and reduce the overall unemployment rate.
Nigeria - 33%
Nigeria is the most populous country in Africa, but its unemployment rate of 33% means that a lot of labor resources are wasted. Specifically, Nigeria has more than 210 million people in the labor force, and at 33%, the number of unemployed people is as high as 70 million. If this part of the unemployed were fully employed, Nigeria's per capita GDP could theoretically create an additional economic value of more than $300 billion.
There are many reasons for Nigeria's high unemployment rate: First, Nigeria is overly dependent on oil exports, and other industries are underdeveloped and cannot provide enough jobs. Second, the quality of education is uneven, and a large number of workers lack skills. Third, the infrastructure is weak, and the transportation and electricity supply is insufficient, which affects the business environment. Fourth, corruption and bureaucracy are serious, which restricts the enthusiasm of enterprises.
In response to the problem of unemployment, the Nigerian government is promoting economic diversification and developing agriculture, manufacturing, and service industries to absorb more jobs. At the same time, we will increase investment in education and improve the skills of workers. Vigorously improve infrastructure and create an environment conducive to entrepreneurship. This will take a long time, but it will certainly improve employability and unleash the creativity of the workforce.
To sum up, the high unemployment rate in Nigeria is a reflection of systemic problems. The government needs to take comprehensive measures to adjust the economic structure, accumulate human capital, and improve environmental conditions. Only with sustained efforts can Nigeria unlock the tremendous value of its labour force and reduce unemployment.
Venezuela - 34%
Venezuela's unemployment rate of 34 percent shows the South American country's serious employment problems. Specifically, Venezuela has a total population of about 30 million and a labor force of about 16 million. The number of unemployed people is nearly 5.5 million, and if this part of the population were to achieve full employment, considering Venezuela's per capita GDP, it could theoretically add more than $50 billion to GDP.
The reasons for the high unemployment rate in Venezuela are: First, the decline in oil prices has severely hit the economy, which is dominated by oil exports, and the development of other industries is insufficient. Second, the government imposed economic controls and a large number of enterprises closed down, resulting in the loss of jobs. Third, inflation is severe, businesses are unable to cover wage costs, and layoffs are reduced. Fourth, political instability has led to frequent social mobilization and stagnation of economic activity.
Faced with unemployment, the Venezuelan government needs to adjust its economic controls and revitalize businesses. At the same time, we will continue to diversify the economy, reduce dependence on oil and develop other industries with potential. In addition, it is necessary to stabilize the political situation, restore social stability, and rebuild business confidence. Only in this way will Venezuela be able to regain its economic vitality and create more jobs.
In summary, the high unemployment rate in Venezuela is the result of a combination of political and economic circumstances. The government needs to change its regulatory policies to stabilize the political situation and promote economic diversification. This will require strategic adjustment and long-term accumulation, but it will help to increase the employment rate and give full play to the advantages of human resources.
South Sudan - 35%
South Sudan is the youngest country in the world, but its unemployment rate of 35% shows a serious employment dilemma. According to specific data, South Sudan has a total population of about 11 million and a labor force of about 5 million. Then the actual number of unemployed is as high as 1.75 million. Considering South Sudan's per capita GDP level, these 1.75 million people could theoretically generate more than $5 billion in GDP output for the country if they were employed.
The reasons for the high level of unemployment in South Sudan are: First, the severe damage to the economic infrastructure caused by years of civil war. Second, over-reliance on oil exports makes it difficult for other industries to provide employment. Third, the level of education is low, and a large number of workers lack skills. Fourth, the investment environment is backward, and the enthusiasm of enterprises to start a business is insufficient.
In response to unemployment, the South Sudanese government is pushing for infrastructure rebuilding to revitalize the economy. At the same time, the development of traditional industries such as agriculture will be encouraged to create employment opportunities. In addition, increase investment in education to improve human capital. Only by diversifying the economy and improving labor productivity can South Sudan fundamentally alleviate the pressure on employment.
To sum up, the unemployment problem in South Sudan is serious, but it can be improved by adjusting the economic structure, investing in education, and improving the environment. This requires a comprehensive approach by the Government and cooperation with the international community. Only in this way will South Sudan be able to unleash the potential of its workforce and reduce unemployment.
Afghanistan - 40%
First of all, the unemployment rate of 40% is extremely alarming and severe on a global scale. This means that nearly half of Afghanistan's labor resources are idle, causing huge economic losses.
According to the World Bank, there were about 18.9 million people over the age of 15 in Afghanistan in 2020. At 40 percent, the actual number of employed people is only 11.34 million, and the number of unemployed is as high as 7.56 million. These 7.56 million unemployed, if fully employed, could theoretically create an additional $30 billion in economic output based on Afghanistan's per capita GDP, increasing GDP by nearly half.
There are many reasons for such high levels of unemployment. First, the prolonged war has undermined the economic foundation. Afghanistan has been plagued by war over the past 40 years, and social unrest has long constrained economic development. Second, the level of education is low, and a large part of the labor force is unskilled. At present, only 4 out of 10 people are educated, and it is difficult for them to be qualified for more skilled jobs. Thirdly, women's employment is restricted, with only three out of ten women participating in the labour force. Traditional culture hinders the release of important labor resources.
In response to such a dire employment situation, the Afghan government needs to push forward with fundamental reforms. First of all, it is necessary to maintain social stability and create an environment conducive to economic development. At the same time, we will increase investment in education and improve access to education for all. In addition, traditional attitudes should be changed to fully promote women's employment. Only by doing a good job in these basic tasks can we fundamentally improve employability and reduce the unemployment rate.
In summary, the unemployment rate of 40% in Afghanistan is an extremely serious problem, and the government should take comprehensive and systematic reform measures to promote economic development and employment growth. This will require a long-term cumulative process, but it will certainly improve the employment environment and economic outlook in Afghanistan.
Syria - 50%
The unemployment rate in Syria is as high as 50%, which means that nearly half of the labor force is idle, which has caused great losses to the country's economy. According to specific data, the total population of Syria is about 18 million, and the labor force is about 9 million. There are as many as 4.5 million unemployed, and if this part of the population were to achieve full employment, considering Syria's GDP per capita, it could theoretically create more than $50 billion in GDP value for the country.
The reason for such a high unemployment rate in Syria is clearly the civil war that has been going on for years. The war not only directly damaged a large number of industrial bases and infrastructures, but also caused social unrest and brain drain. Post-war reconstruction was difficult, and businesses faced operational difficulties and difficulty in providing employment opportunities. At the same time, the large number of refugees has also had an impact on the job market.
In the face of unemployment, the Syrian government's most urgent task is to maintain social stability and rebuild economic infrastructure in order to restore confidence in the industry. At the same time, it is necessary to provide various support policies to encourage enterprises to resume work and production and create jobs. There is also a need for education and training measures to improve the skills of workers. Only when the economy recovers gradually can the problem of unemployment be fundamentally alleviated.
In summary, the unemployment crisis in Syria is inextricably linked to its war-torn background. The government needs to first create a stable environment and then take a multi-pronged approach to promote economic development. This requires a strategic vision and a long-term effort, but it will ultimately increase employment and play the role of human resources.
Djibouti - 60%
Djibouti's unemployment rate of 60 per cent means that nearly two-thirds of the labour force is unemployed, severely constraining economic development. According to specific data, Djibouti has a total population of about 1 million and a labor force of about 500,000. At 60 per cent, there are as many as 300,000 unemployed. These 300,000 people, if fully employed, could theoretically contribute more than $1 billion to the country's GDP, considering Djibouti's GDP per capita.
There are several reasons why Djibouti's unemployment rate is so serious: First, the economy is overly dependent on ports and related services, and other industries are slow to develop. Second, the level of education is low, and it has failed to train enough qualified labor. Third, the geographical location is remote and resources are scarce, making it difficult to attract investment and create jobs. Fourth, frequent political turmoil has also constrained the steady development of the economy.
In the face of unemployment, the Djibouti government is focusing on expanding the port industry and developing labor-intensive industries such as tourism and handicrafts. At the same time, we should strengthen investment in education and improve the skills of workers. In addition, we will pursue a policy of stability to rebuild business confidence. Only in this way can we gradually increase employment opportunities and reduce the unemployment rate.
In summary, Djibouti's unemployment problem is acute, and the government needs to take comprehensive measures to develop the economy, improve the environment and strengthen the labor force. This requires strategic planning and sustained efforts. Only by deepening reforms can Djibouti unleash its enormous labour potential.
Somalia - 67%
Somalia's unemployment rate of 67 per cent is arguably the worst in the world. According to the World Bank, Somalia has a total population of about 15 million people and a labor force of about 10 million. The actual number of employed people is only about 3.3 million, and the number of unemployed people is as high as 6.7 million. If all 6.7 million people were employed, it would theoretically add more than $10 billion to the country's GDP per capita, given Somalia's per capita GDP.
There are a number of reasons why unemployment in Somalia is so alarming: First, the 30-year civil war has severely destroyed the economic foundations. Second, agricultural productivity is low and the capacity of traditional sectors is limited. Third, the frequent appearance of pirates has seriously affected the investment environment. Fourth, the government's ability to control and control the economy is weak, making it difficult to effectively regulate and control the economy.
In the face of the unemployment crisis, the Somali government is focusing on rebuilding infrastructure to restore agriculture and services. Training programmes for youth and women have also been introduced to enhance employability. In addition, we will strengthen control to ensure social order and gradually rebuild business confidence. However, it will still take a long time to fundamentally solve the problem of unemployment.
To sum up, the problem of unemployment in Somalia is serious, and the government must take comprehensive measures to develop the economy, improve human resources, and improve the environment. This requires the continued support of the international community. Only by deepening reforms will Somalia be able to unleash its enormous labour potential.
Democratic Republic of the Congo - 75%
With an unemployment rate of 75%, the Democratic Republic of the Congo is arguably one of the worst in the world. According to the World Bank, the Democratic Republic of the Congo has a total population of about 80 million and a labor force of about 45 million. At 75 percent, the actual employed population is only about 12 million, and the number of unemployed people is as high as 33 million. If these 33 million people are all employed, considering the per capita GDP of Congo, they can theoretically contribute more than $300 billion to the country's GDP.
The reasons for such alarming unemployment in the Democratic Republic of the Congo are: First, the protracted civil war has destroyed the economic foundations. Second, the economic structure dependent on mineral resources makes it difficult to create sufficient employment. Third, the level of education is low, and a large number of workers lack skills. Fourth, corruption is rampant and disrupts the business environment.
Faced with the challenge of unemployment, the Congolese government is focusing on rebuilding infrastructure and developing agricultural and labour-intensive industries. At the same time, we will improve the investment environment and encourage the development of enterprises. In addition, we should increase investment in education and improve the skill level of workers. This will be a long-term process, but it will certainly improve employability.
In summary, the unemployment problem in the Democratic Republic of the Congo is serious and complex, and the government needs to take comprehensive measures to develop the economy, benefit people's livelihood, and strengthen soft power. Only by deepening reform and development can the Congo unleash the enormous potential of its human resources.