{"id":34778,"date":"2021-12-06T16:08:31","date_gmt":"2021-12-06T14:08:31","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&#038;p=34778"},"modified":"2021-12-10T10:53:55","modified_gmt":"2021-12-10T08:53:55","slug":"iraq-what-is-the-state-of-the-informal-economy","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2021\/12\/06\/iraq-what-is-the-state-of-the-informal-economy\/","title":{"rendered":"Iraq : What is the state of the informal economy?"},"content":"\n  \n    \n      \nDespite the lack of recent consolidated data, it emerges a strong growth of the Iraqi labor force between 2011 and 2017, which goes from 8 M to 10.5 M and an employment rate of the population of working age which remains among the weakest of the countries of the Middle East (49% in federal Iraq and 40% in Iraqi Kurdistan).\n\n    \n  \n\n\n  \n    \n      \nThe unemployment rate is also high at 16% nationwide. The state remains the main provider of jobs with 39% of civil servants out of the country&#8217;s total jobs (without including employees of public \/ parastatal enterprises which represent 10 to 20% of jobs).\n\n    \n  \n\n\n  \n    \n      \nThe private sector thus contributes only 40 to 50% of the country&#8217;s jobs (formal and informal private sector). Young people and women are particularly poorly integrated into the local labor market.\n\n    \n  \n\n\n  \n    \n      \nThe youth unemployment rate is 36% and the employment rate of working-age women is only 20% (unemployment rate: 27%) (data &#8211; 2017-18).\n\n    \n  \n\n\n  \n    \n      \nThe informal economy remains predominant in Iraq with 95% of the companies surveyed saying they are not officially registered.\n\n    \n  \n\n\n  \n    \n      \nAs a result, private employment remains overwhelmingly informal with only 14% of employees declaring to have signed an employment contract, 37% having an oral agreement with the employer and 49% having no direct agreement with their employer. .\n\n    \n  \n\n\n  \n    \n      \nAs a result, only 4% of private sector employees have employer-paid health insurance and 8% paid vacation (data &#8211; 2020)\n\n    \n  \n\n\n  \n    \n      \nTo access the study: https:\/\/www.ilo.org\/beirut\/publications\/WCMS_830086\/lang&#8211;en\/index.htm\n\n    \n  \n\n","author":15,"featured_media":34781,"comment_status":"open","ping_status":"closed","template":"","tags":[5766,5751,5756,6400,6401,6402,5786,6374],"location":[6069],"class_list":["post-34778","news","type-news","status-publish","has-post-thumbnail","hentry","tag-economic-analysis","tag-economy","tag-employment","tag-international-labor-office-ilo","tag-labor","tag-middle-east","tag-unemployment","tag-united-nations","location-irak-en"],"short_url":"https:\/\/bit.ly\/31CfQKQ","have_related_news":"","chapo":"<p class=\"p1\">A consortium of UN and development agencies, led by the International Labor Office (ILO) has published a diagnostic of the informal economy in Iraq.<\/p>","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/12\/iraq-what-is-the-state-of-the-informal-economy-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/12\/iraq-what-is-the-state-of-the-informal-economy-550x360.png 550w","sizes":"550px","alt":"Iraq : What is the state of the informal economy?","width":550,"height":360,"ratio":0.49,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/12\/iraq-what-is-the-state-of-the-informal-economy-1170x568.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2021\/12\/iraq-what-is-the-state-of-the-informal-economy-1170x568.png 1170w","sizes":"1170px","alt":"Iraq : What is the state of the informal economy?","width":1170,"height":658,"ratio":0.49,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Iraq : What is the state of the informal economy? 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