"A study conducted by the
Sayed said that employers want people with experience and fresh graduates do not have it so this project is a way to give them a chance to develop work experience.
She added that one of the study's findings is that employers usually complain about fresh graduates lacking certain skills including team work in addition to basic soft skills.
"We put them through a training program of 50 hours then companies are contacted to employ these people," she said.
Sayed explained that the project is supported by the
She added: "So these youths remain on the job for up to two years and at the same time the government will pay the social security contribution of the firm as a way to incentivize them to employ these fresh grads. This way they do not have to worry about 22 percent of the cost."
Sayed called upon universities to modernize their education system in order to produce people who have the skills needed by employers.
"The education system must be enhanced and I am not talking about the well-known universities but there is a big bulk of the private universities that are not so tuned to what employers want," she said.
It says that unemployment also increases with education.
Around 14 percent of university graduates and 15 percent of those with secondary education are unemployed relative to some 10 percent among workers with no education and only 7 percent among those with primary education.
"The main reason behind the high rate of unemployment in
Sayed believes that one of the reasons behind the expected increase in the unemployment rate in
Labor Minister Sajaan Qazzi declared three days ago that of the 1.6 million Syrian refugees, 47 percent are workers competing with the Lebanese for jobs.
He said Syrians who have long worked as laborers in
Sayed expressed her optimism about the Lebanese job market once the Syrian crisis comes to an end. "Once the crisis gets over, there will be a huge reconstruction effort that needs to be done in
But she believes that the government needs to create an investment friendly environment which will help in creating job opportunities. "Electricity should be realizable and we should be able to offer low cost internet services for small businesses for them to be able to operate in the country," she said. "The whole infrastructure needs to be fixed in order to encourage the private sector to invest in high productivity fields in addition to attracting Foreign Direct Investments."
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