Economy of Syria - Labor

Labor

Syria has a population of approximately 21 million people, and Syrian government figures place the population growth rate at 2.37%, with 65% of the population under the age of 35 and more than 40% under the age of 15. Each year more than 200,000 new job seekers enter the Syrian job market, but the economy has not been able to absorb them. In 2010, the Syrian labor force was estimated to total about 5.5 million people. An estimated 67 percent worked in the services sector including government, 17 percent in agriculture, and 16 percent in industry in 2008. Government and public sector employees constitute about 30% of the total labor force and are paid very low salaries and wages.

According to Syrian Government statistics, the unemployment rate in 2009 was 12.6%; however, more accurate independent sources place it closer to 20%. About 70 percent of Syria’s workforce earns less than US$100 per month. Anecdotal evidence suggests that many more Syrians are seeking work over the border in Lebanon than official numbers indicate. In 2002 the Unemployment Commission (UC) was established, tasked with creating several hundred thousand jobs over a five-year period. As of June 2009 it was reported that some 700,000 households in Syria - about 3.5 million people - have no income. Government officials acknowledge that the economy is not growing at a pace sufficient to create enough new jobs annually to match population growth. The UN Development Program announced in 2005 that 30% of the Syrian population lives in poverty and 11.4% live below the subsistence level.

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Famous quotes containing the word labor:

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