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GCC unemployment warning

Management group McKinsey and Company has warned GCC countries about soaring unemployment among its youth and predicted 300,000 private sector jobs need to be created per year in order to tackle the problem, reported the Bahrain Tribune. Unemployment rates in the 16-24 age group in the likes of Bahrain, Saudi Arabia and Oman have reached 35%. Tighter immigration policies and better educational systems were key to tackling the issue.