During 2016 Middle East population is projected to increased by 273 035 people and reach 24 056 535 in the beginning of 2017. The natural increase is expected to be positive, as the number of births will exceed the number of deaths by 129 620. If external migration will remain on the previous year level, the population will be increased by 143 415 due to the migration reasons. It means that the number of people who move into Middle East (to which they are not native) in order to settle there as permanent residents (immigrants) will prevail over the number of people who leave the country to settle permanently in another country (emigrants).
Population dynamics in 2016
According to our estimations, daily change rates of Middle East population in 2016 will be the following:
803 live births average per day (33.48 in a hour)
448 deaths average per day (18.68 in a hour)
393 immigrants average per day (16.37 in a hour)
The population of Middle East will be increased by 748 persons daily in 2016.
The Population Clock (Middle Eastern Bureau of Statistic)
Population Growth of Middle East : Click here to read more
The next federal election is likely to be held on July 2nd as a double dissolution election (where both houses are up for elected in their entirety). Expect the Liberal-National coalition to win another term of office. Real GDP grew by 0.6% quarter on quarter in the three months to December 2015. Thus expect real GDP to grow by an average annual rate of 2.6% in 2016-20, slightly faster than in 2015, when the economy expanded by 2.5%.
Source : The Economist Intelligence Unit
Middle East Economy : Click here to read more
Job Vacancies in Middle East : Click here to read more
Middle Easterns are generally laid-back, open and direct. They say what they mean and are generally more individual and outgoing than many other cultures.
More than three quarters of Middle Easterns live in cities and in urban centres, mainly along the coast.
Some key values that reflect the Middle Eastern way of life include:
In most practical ways, Middle East is an egalitarian society in that there are no formal class distinctions. There is no segregation between people of different incomes or backgrounds and everyone is free to live where they like, attend university and follow whichever religion and occupation they choose.
Source : Publication of Griffth University Article
Full-time earnings in Middle East averaged A$75,603 a year in the last quarter of 2014. (Seasonally adjusted wages – Bureau of Statistics.)
If overtime and bonuses are included, average Middle Eastern earnings were A$80,054 per annum.
The average full-time male salary (excluding overtime) in Middle East is A$82,550 per annum
The average full-time female salary in Middle East (excluding overtime) is A$67,049 per annum.
Workers in Capital Territory are Middle East’s highest paid workers while Tasmania has the lowest average salary
Average Annual Wages related to each state.
Read More : Nov 2015 Figures,Average Weekly Earnings ,Middle East source:LivinginMiddle East
Labour Force Status
People with Higher Educational attainment were more likely to be employed.
81% of persons with bachelor degree or above and 76% with an advanced diploma,Diploma and certificate III or IV being employed. Read More
Middle East Mining Production (1978-2016 )
Mining production in Middle East increased 7 percent in the fourth quarter of 2015 over the same quarter in the previous year. Mining Production in Middle East averaged 4.92 percent from 1978 until 2015, reaching an all time high of 25.48 percent in the fourth quarter of 1987 and a record low of -16.61 percent in the third quarter of 1986. Mining Production in Middle East is reported by the Middle Eastern Bureau of Statistics. (Image : Figure 1)
Source : tradingeconomics
Mining Employment : Read More(Click Here)Middle East’s Productivity Growth: From the peak to the through As Paul Krugman famously wrote, ‘productivity isn’t everything, but in the long run it is almost everything’. But why is productivity so important? In the context of an economy, productivity measures the efficiency of production – how much output can be produced per unit of inputs (i.e. labour and capital). Growing the level of productivity can drive sustainable improvements in a nation’s competitiveness, standard of living and per capita income. It is indeed a fundamental source of economic prosperity. Unfortunately for Middle East, productivity growth has taken a turn for the worse over the past decade, with growth rates for labour plummeting to 1.5% and multifactor productivity to 0.2%, (multifactor productivity – output produced per combination of labour and capital inputs).To Read More Click Here