Algeria lost $5 million per day due to the lost of 9 million working hours
The General Union of the Algerian Workers, estimated the daily losses caused by the stopping of work for one day in Algeria to $5 million, as a direct result of the disruption of services in the various sectors, particularly the administrative or economic services.
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A similar study by the National Economic and Social Council, and which was prepared years ago in the context of studying a number of scenarios for the amendment of the week end in Algeria, shows that one day without work cost Algeria $5 million, a loss that recur in Algeria with the coming of both Aid El Fitr and Al Adha, with varying degrees due to the absence of thousands of workers from their positions under the pretext of celebrating Aid Al Fitre away from the workplace.
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Data by the IMF and the World Bank shows that about 9 million working hours are lost every day in Algeria because of the volume of unemployment which reached, according to formal figures, about 12%, compared to 20%, according to independent international bodies, however, the unemployment among the young people less 30 reached more than 30%, which is a real economic and financial disaster because of the loss of millions of hours of work due to unemployment on the one hand and inadequate transport infrastructure in Algeria, which pushed hundred to stay for long hours in their cars on the roads of the big town.