Unemployment Persistence & Risks of Skill Obsolescence in Arab Countries
This paper shows how unemployment has been persisting during the last years with the implied risks of knowledge obsolescence and other economic and social implications. Under the absence of actions that are likely to reduce the effects of knowledge obsolescence, Arab economies with high unemployment rates loose in terms of competitiveness and efficiency but also in the development of knowledge economy. Special training programs besides more business oriented educational sessions are likely to minimize the impacts of knowledge obsolescence. Descriptive statistics as well as regressions analyzes are used to show most of the dimensions of the unemployment problem in Arab economies.
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