Entrepreneurship and youth in lebanon - Executive Magazine

Entrepreneurship and youth in lebanon
November 8, 2018
Lebanon may be officially classed as an upper-middle-income country by the international community, but it lags far behind other countries of a similar status. Serious deficiencies in the dynamics of the labor market—where youth unemployment is almost 40 percent, and women account for less than 25 percent of the workforce—are largely to blame.
It is hard to get a clear picture of unemployment in Lebanon. Statistics on unemployment are notoriously inaccurate, with official numbers putting the level of unemployment in 2018 at just 10 percent. Unofficial figures frequently reported in the media, however, put the level of unemployment at 25 percent. And it is the Lebanese youth who are most likely to be affected; finding job opportunities is challenging due to high competition and the unstable economic situation.

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