Unemployment In Iraq: Causes, Consequences, and Treatment

Abstract

Unemployment is one of the primary problems that most contemporary economic systems suffer from in the world, which works to bring about negative consequences on the welfare and security of society. Therefore, governments are working hard to reduce their unemployment rates, mitigate its effects, and develop economic strategies that are happy in providing job opportunities. Unemployment means stopping a part of the labor force in the economy despite the availability of the ability and willingness to work. Unemployment usually results from an imbalance in the labor market due to demand and supply considerations. Unemployment wastes the workforces of a large part of society and may lead to social violence and political unrest outbreaks when it reaches high levels. In Iraq, unemployment has deep roots that go back to the 1980s. The government began to face the problem of providing adequate job opportunities for the nearly one million people who served in the Iran-Iraq war. Unemployment has had dire consequences for the economy, society, and the Iraqi state. These effects include the spread of poverty, deprivation, and the deterioration of development rates with all its indicators.

Global Energy Demand For Different Energy Sources: Current Status and Future Prospects

“…This type of conflict will likely develop within resource-rich nations because competing groups will compete with each other to win the largest share of wealth. This turmoil in countries with substantial oil reserves (H. L. Kadhim & Almusawi, 2021).…”