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Iraqi ministry says, jobless rate is slashed to 20% from 38%


29 Jan 2013
Here is a good news for the Iraq. As the Ministry of Planning says, that there has been a slash in unemployment rates in Iraq but a little change appeared in poverty levels. Abdulzahra al-Hindawi, the ministry’s spokesperson said that the unemployment rate fell to 20 % in the year 2012 from 38 % in 2004. However, the country is still facing high poverty level, which at present stand at 23 % of the population, he added. Abdulzahra also said that the statistics about poverty levels relied on the studies in 2009, adding that the ministry carried out extensive researches in 2012 but the data still required analysis. Hindawi made a prediction that further lessening in unemployment and a drop in poverty level due to the government five-year economic plan which he said would create near about two million new jobs opportunities. He also said that the Planning Ministry has taken some strategic and practical measures, in the form of reform and development projects that would ultimately improve the living standard for the whole country. However, the economic prediction of the ministry for the future is not believable to everyone. Mohammed Khalil, who is the head of the parliaments’ economic commission, dismissed the plan of the ministry and described them as ‘ink on paper’. Khalil stated that the surveys conduction by his commission showed that there were at least 3 million below-poverty people in Iraq and the reported decline in unemployment rate was not based on the reality of the condition of the job market in the country. Source: [Azzaman]
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