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Unemployment: Where is it Going? By Mohamed Abdel Raouf SID: 900-00-1018 Course: ECLT 113 Instructor: Dr. Magda Amin Section: 02 Paper #3 - Draft #4 Unemployment: Where is it Going? Unemployment, due to overpopulation and increasing privatization, is causing economic and social instability in Egypt. I. Unemployment is caused by many problems in Egypt. a. Privatization may be considered a major cause of unemployment. b. The rapid increase in Egypt's population is another cause. II. Overpopulation increases the percentage of the unemployed workforce: Egypt has high birth rates which is equal to 2%. III. Another danger is privatization a. Private sector was considered a risk in our grandparents' age. b. Economic changes have led to private sector jobs becoming more promising and more appealing. c. The privatization program aims to strengthen the Egyptian economy, although it is a main cause of the rise of the unemployment rates. d. The private sector jobs don't supply sufficient jobs to the Egyptian labour market, as the government was supplying more...

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