Arab Today, arab today world bleak on job prospects with europe most pessimistic
Last Updated : GMT 01:08:20
Arab Today, arab today
Arab Today, arab today

World bleak on job prospects, with Europe most pessimistic

Arab Today, arab today

Arab Today, arab today World bleak on job prospects, with Europe most pessimistic

Washington - XINHUA

A majority of adults worldwide said job prospects were dim in their local communities, with Europeans expressing the most pessimism about finding a job, Gallup found in a survey released Friday. Fifty-seven percent of adults worldwide said it was a bad time to find a job, a figure unchanged from 2011, although global views on job prospects have improved since 2009, the height of the global downturn, the poll found. In Europe, currently undergoing a recession, 75 percent said 2012 was a bad time to find work, surpassing all other regions in terms of negativity. Eurozone countries topped the list of those negative on job options, with Greece, Italy and Spain the worst places to find work, according to citizens of those nations. In Greece, which saw its economy shrink 20 percent between 2007 and 2012, 98 percent of residents tagged job prospects as bad. In Spain, with unemployment rates resembling a depression, 94 percent of residents said 2012 was a bad year to find work. In Italy, with massive debt and a contracting economy, 95 percent of adults expressed job pessimism. The United States stood in sharp contrast, with 40 percent saying it was a good time to find a job and 54 percent saying it was a bad time to find work. But leading the world in 2012 job prospects optimism were emerging markets, with 73 percent of residents of Saudi Arabia and Thailand saying it was a good time. Job optimism in Thailand came amid strong domestic demand last year, which bolstered economic performance in the land of smiles. For Saudi Arabia and other energy-rich countries such as Kuwait, Qatar, Venezuela, and, to a lesser extent, Turkmenistan, historically high oil prices last year likely contributed to bright employment prospects, Gallup found. The World Bank recently cut its forecast for global economic growth in 2013 to 2.2 percent, an ominous sign for job optimism this year, Gallup said. Most countries will require economic growth well above the World Bank\'s forecast to see a noticeable improvement in their economy and in their residents\' perceptions of the job market, the survey found. Job pessimism is both a contributing factor to and a result of weak economic growth. An obvious problem is that in this environment, the millions of jobless and underemployed individuals will continue to struggle to secure a job. Another complication is that currently employed workers, believing that finding work will be difficult if not impossible, will be incentivized to remain at their current jobs, even if these are not occupations that utilize their strengths. This further slows economic expansion, Gallup said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today world bleak on job prospects with europe most pessimistic Arab Today, arab today world bleak on job prospects with europe most pessimistic

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday