Engineers, lawyers, school teachers and holders of university degrees, whose parents have paid a fortune for their education, are now facing unemployment.
Available unemployment figures are frightening, while the real numbers are much greater than the declared data.
The latest of these figures indicates that about 36 percent of workers in the private sector have lost their salaries, and it is expected that the number of unemployed will exceed 500,000 due to the worsening financial crisis, which has been further exacerbated by the lockdown caused by the coronavirus outbreak.
Farouk, an activist in a charity group, says that the classification of the poor has changed, as they no longer only constitute the destitute class who cannot educate their children, but also degree holders, who were until recently considered from the middle class.
In a survey on living conditions issued by the General Directorate of the Central Statistics Department for the period between April 2018 and March 2019, the unemployment rate among young people with university degrees reached 37%. This rate is expected to rise this year, given that 32,000 students graduate from Lebanese universities annually.
Saiid, who refuses to disclose his real name spoke to Asharq Al-Awsat on a more painful experience. He is married, the father of two children and holds a degree in business administration. He was working for a commercial establishment with a salary that allowed him to obtain a housing loan years ago. However, he was surprised by his dismissal three months ago.
“When I was informed of my lay-off, I felt like the earth was shaking under my feet. Were it not for my family’s support and my faith in God, I would have committed suicide,” he bitterly says. “I cannot plan for the future, nor do I know how I will continue to pay my house loan or the education fees of my children.”
Hisham, 28, who holds a graduate degree in biochemical sciences, writes on his Facebook page: “After obtaining a respectable diploma… you start planning for your future and you get a decent job within your major. Overnight, you wake up to find that everything has disappeared.”
Hisham was dismissed from his job six months ago. He says that the small company he worked for has closed. He is trying to find work abroad, but the circumstances thwarted his efforts, and today, as other young Lebanese, he is waiting for an opportunity to emigrate.
