Unemployment in Lebanon
Lebanon - UnemploymentAvailable data suggests that economic momentum has been tepid so far this year. In January and February, the coincident indicator—which measures economic activity—averaged lower than in Q4 2018, while credit to the private sector declined and the construction sector remained weak, as shown by annual falls in building permits and cement sales. Moreover, passenger arrivals through Beirut International Airport have been soft, suggesting the tourism sector is struggling. On the political front, discussions are under way over the 2019 budget, which will be a vital gauge of the government’s commitment to fiscal reform. However, the austerity measures required to put the public finances on an even keel could cause social unrest; small protests in recent weeks could be a sign of things to come.
Lebanon - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Lebanon Unemployment Chart
Source: Statistical, Economic and Social Research and Training Centre for Islamic Countries.
|Exchange Rate||1,508||0.0 %||May 13|
|Stock Market||870||0.37 %||May 13|
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