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IMF: Mediterranean is not growing fast enough to reduce unemployment – Associated Press




IMF: The Mediterranean is not growing fast enough to reduce Associated Press unemployment

DUBAI, United Arab Emirates (AP) – The International Monetary Fund announced on Wednesday that nearly a quarter of young people in the Middle East are unemployed, warning that unless deeper reforms are implemented, millions of young people entering the job market every year may not find work. The IMF says current levels of growth in the region will not create enough jobs to reduce unemployment, which was one of the main complaints behind the 2011 Arab Spring uprising. The economic growth of oil exporting countries in the region exceeded 5 percent in 2016, but slowed to 1.7 percent in just one year …


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