Quote:
Originally Posted by imcarthur
While I really shouldn't engage with such a totally ignorant & idiotic statement, some forum dwellers might actually think you know what you are talking about. You don't. Their current unemployment rate is 9.4% according to the CIA fact book. And the rest is just plain stupid. Why don't you go back to PARF & spew your bile there where hate is appreciated & applauded.
Ian
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Good thing you are here to school me.
I really don't understand how a personal attack is somehow germane to this or any discussion or why you would believe it would suffice as a rational argument...
Of course there is an entire generation of Egyptions (as typical to the middle east) that is very much underemployed. It would be incredibly hard to argue otherwise. I have seen it myself. Ever think that perhaps there might be more to the story than the "official numbers"...especially when the consider huge disparate groups." Sometime the ability to analyze the statistics/facts goes a lot farher toward understanding than just throwing out one number. The folks in the street were not 60 years old, employed merchants and government employees, it was people under 30. According to the Associated Press, almost half of all Egyptians live under or just above the poverty line, which the World Bank sets at $2 a day...pretty bad when the CIA Factbook indicates inflation is around 12.8%
According to Moneyweek:
"In Qatar and Saudi Arabia, 25% of 15-to-24-year-olds are unemployed. It is the same in Algeria and in Tunisia – where unemployed youths spearheaded the protests. And it is the same in Egypt. Egypt is the Arab world's most heavily populated country and one of its youngest: two thirds of the population are under 30. However, the young make up 90% of the nation's unemployed (the official rate is 9.4%, but the real number among the young is much much higher)."
According to CNN:
"Statistics show that 50% of men and 90% of women are still without employment two years after leaving college. It is also telling that 19.3% of the population live on less that $2 a day."
“The results revealed that the highest percentage of unemployed graduates with intermediate education level and university level and above increased by 94.3 percent of the total unemployed,” the report did reveal.
According to Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) Sept 2010 statistics:
The percentage of unemployed young people aged between 15-29 years-old was at 88.8 percent of the total unemployed, and 53.2 percent for the age group 20-24 years, and 24.4 percent for the age group 25-29 years-old.