More Than a Quarter of Young Iraqi Men Remain Jobless, Threatening Stability
A report released a few days ago by the United Nations's Information Analysis Unit finds that more than "a fourth of Iraq's young men are out of work, a situation that is likely to worsen and threatens the country's long-term stability. ... Overall, the country's unemployment rate is 18%, but an additional 10% of the labor force is employed part time and wanting to work more." In a country still struggling to attract private investment, government jobs now make up 60 percent of employment, a rate that will be unsustainable as oil prices drop.