Informed Comment: Thoughts on the Middle East, History and Religion: "The US embassy in Tunis noted the contradictions of what was once called ‘the Tunisian miracle’– relative stability and security and 5% growth a year, but with Mafia style corruption on the part of ruling cliques that was discouraging foreign investment and contributing to failing banks and high unemployment.
Most debilitating, and destabilizing, has been high levels of unemployment, especially for college graduates:
‘ Unemployment, however, is a growing concern and is one on which every GOT official is focused. Official unemployment figures leveled off at 14 percent in 2005, after a steady declines dating from 1999s 15.8 percent. Even at 14 percent, however, this figure is consistently challenged as too optimistic by first hand accounts of university graduates unable to find jobs and reports of increasing numbers of ever-more qualified applicants seeking Embassy jobs.’
- Sent using Google Toolbar"
Most debilitating, and destabilizing, has been high levels of unemployment, especially for college graduates:
‘ Unemployment, however, is a growing concern and is one on which every GOT official is focused. Official unemployment figures leveled off at 14 percent in 2005, after a steady declines dating from 1999s 15.8 percent. Even at 14 percent, however, this figure is consistently challenged as too optimistic by first hand accounts of university graduates unable to find jobs and reports of increasing numbers of ever-more qualified applicants seeking Embassy jobs.’
- Sent using Google Toolbar"
Comments