Examining the economic fallout of the Arab uprisings is critical as societies struggle to move past the upheaval and fight for a measure of stability and security. Unemployment rates in the region have climbed in the last two years: Egypt’s official unemployment rate is now 13 percent, with nearly 80 percent of the jobless holding either high school or university degrees. Unofficial figures put that rate much higher. Growth barely hit two percent in 2012, well under half its rate before the uprisings. In Tunisia growth is declining while frustration and hopelessness grow. Official unemployment shows the jobless rate reached 19 percent in May 2012, up six points in two years. As a Brookings Institution paper noted, “youth, between 15 and 30 years old, make about one-third of the labor force and three-quarters of the unemployed.” Their unemployment rate tops 30 percent.
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