Top Nations Ravaged By Unemployment

By siliconindia  |   Thursday, 06 February 2014, 01:29 IST
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#14. Egypt



Jobless Rate: 12 Percent



Egypt is currently a country in turmoil. Positive economic reforms in this colorful nation since the beginning of the century propelled economic growth to about 5 percent annually. However, this development never trickled down and reached the masses, thus pushing the citizens of the country into a financial misery.



The recent unrest is not helping the cause of the country and has essentially made matters worse.  



#13. Lithuania



Jobless Rate: 13.1 Percent



Despite of the initial hiccups, Lithuania seems to be on the positive side of economic growth lately. Though the country has excelled in telecommunication infrastructure and education, unemployment still remains a concern. Meanwhile, the ruling government in the country is optimistic that the economy will return to pre-recession level by the end of this year.  



Read More:



Hiring Witnesses 13 Percent Increase In Dec'13: Naukri Job Speak Index



Govt Clears 10,000 More MBBS Seats To Address Shortage Of Doctors



 
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