Lebanon faces growing unemployment

  • Date: 05-Mar-2020
  • Source: Executive Magazine
  • Sector:Technology
  • Country:Lebanon
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Lebanon faces growing unemployment

The Ministry of Labor (MoL) must work with CAS to quantify the current labor problem in Lebanon, across all segments.. Only with the information would the ministry be able to work with stakeholders to develop a targeted action plan that could contain the worst effects of the labor crisis and create new employment opportunities for the Lebanese labor force.. As part of the plan, the MoL should start with itself and acknowledge that it needs a reboot if it is to have any hope of containing this crisis.. According to Legal Agenda lawyer Karim Nammour, the MoL lacks enough inspectors to be able to adequately cover the businesses that submit requests for restructuring or laying off employees, as is required by law (see article page 10).. If and once the measures are followed-and the worse effects of the labor problem is contained-the MoL should work with other ministries to set up plans that would revitalize Lebanon's economy and create new job opportunities..