About 44% of unemployed youth estimate they need 400 dinars a month as pocket money | Tunisia News Gazette

About 44% of unemployed youth estimate they need 400 dinars a month as pocket money

About “43.8% of young people 18 to 35 years of age estimate they need 400 dinars a month as pocket money,” said a survey of youth consumption developed by the National Institute of Consumption (INC) in November 2017.

This survey, conducted on a representative sample of 2023 young people aged between 18 and 35 and divided between men and women throughout the Republic, has shown that the average monthly income that can largely cover the daily expenses amounts to about 1400 dinars.

The annual expenditure on clothing amounts to 838 dinars in average. About 56% of respondents said that the pocket money received is enough to cover daily expenses.

In addition, 51% of the respondents in the active people category believe that their current income allows them to cope with daily expenses, while 48% consider that they are insufficient.

As for the category of unemployed youth, the family remains the source of funding for 76% of them, while 39% of other income comes from seasonal jobs and 7.5% from subsidies (students in general).

For financial transactions, 48% of the age group (18/34) have a bank account, 31% have a savings account, 24% adopt the electronic payment mechanism and 35% do not have a financial means of payment.

In 2016, the number of young people aged 20 to 34 in Tunisia reached 1 million 407 thousand young people. Their number is expected to reach 2 million 287 thousand in 2040.

Director General of the INC Tarek Ben Jazia said the survey focused on several topics related to youth such as, food, modern means of communication, culture, entertainment and sport, as well as the behavior of young people in relation to outward appearance and attire.

Source: TAP News Agency

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