UntitYouth employment in Lebanon: Skilled and joblessled
May 10, 2013 | 36 Pages | English | Mary Kawar, Zafiris TzannatosYouth employment in Lebanon: Skilled and joblessLebanon suffers from a high youth unemployment rate of 24%. This rate hinders economic growth and needs to be addressed in order to create a more prosperous economy and inclusive society. Two major culprits of youth unemployment are typically the educational system that affects labor supply on the one hand, and economic policies that affect labor demand on the other.
To reduce youth unemployment, this policy paper recommends a two-pronged approach. First, there is a need to reorganize and expand public expenditures on education to increase access to high-quality education for all Lebanese and to improve the linkages between education and employers, especially with their training system.
Second, this must be complemented with policies that increase government accountability, reduce rent-seeking opportunities, and encourage high value-added activities by firms through fiscal policies, regulatory reforms, better infrastructure, and improved migration management.
