Showing posts with label private. Show all posts
Showing posts with label private. Show all posts

Wednesday, 15 June 2011

Gaza unemployment levels 'among worst in world'





  Gaza border fence june 5 2011


Gaza's unemployment rate was among the world's highest, at 45.2% in late 2010, the UN has found, as Israel's blockade of the territory enters its fifth year.
Real wages meanwhile fell by more than a third.

Its report says that private businesses have been hardest hit by the continuing ban on virtually all exports.
Israel tightened sanctions on Gaza in 2006 after militants captured Israeli soldier Gilad Shalit.
The blockade was tightened again a year later when Hamas ousted rival Palestinian organisation Fatah from the territory.

Sunday, 12 June 2011

Obama calls on private sector to create jobs














































US president Barack Obama on Saturday called for the private sector to create more jobs, but underlined the government’s role in promoting professional education.
‘Now, government is not — and should not be — the main engine of job-creation in this country. That’s the role of the private sector,’ the president said in his weekly radio and internet address.
‘But one thing government can do is partner with the private sector to make sure that every worker has the necessary skills for the jobs they’re applying for,’ Obama added.
His comments came after labour department figures showed only 54,000 new jobs had been created in May, just a quarter of the February-April pace; the unemployment rate had edged up to 9.1 per cent.
The White House and economists cautioned that the poor data was likely a monthly blip, but it has fuelled allegations that Obama’s economic policies are failing, 18 months ahead of the presidential election.
The president noted that the US economy had not got into what he called a ‘mess’ overnight, and would not resolve its problems quickly.
‘It’s going to take time,’ he warned.
Obama pointed to the importance of investing in wind power, solar power, and biofuels to make America less dependent on foreign oil and to clean up the environment.
‘These are steps we know will make a difference in people’s lives — not just twenty years from now, or ten years from now, but now, and in the months to come,’ the president said.

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