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Egypt’s unemployment rate increases to 10% in Q3 2018: CAPMAS - Daily News Egypt

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Egypt’s unemployment rate increases to 10% in Q3 2018: CAPMAS

Agency said labour force estimated at 29.215 million individuals


Egypt’s unemployment rate registered 10% of the total labour force in third quarter (Q3), while it was 9.9% in Q2 2018, which is an increase of 0.1% and a decrease of 1.9% from the same quarter last year, according to Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday.

The CAPMAS said that the labour force was estimated at 29.215 million individuals (23,447 million males and 5,768 million females) with an increase of 179,000 individuals by 0.6% compared to Q2 2018. This is due to the inflow of graduates and the start of the work season, with a decrease of 257,000million individuals by 0.9% compared to the same quarter last year.

The CAPMAS added that the number of unemployed individuals reached 2.920 million (1.602 million males, 1.318 million females), 10 % of the total labour force, and an increase of 45,000 unemployed individuals by 1.6% compared to Q2 2018, a decrease of 593,000 unemployed individuals by 16.9% compared to the same quarter of the previous year.

“The unemployment rate among males recorded 6.8% of the total males in the labour force, while it was 6.7% in Q2 2018 compared to 8.2% in the same quarter of the previous year,” the report read. “The unemployment rate among females reached 22.8% of the total female labour force, while it was 21.2% in Q2 2018 compared to 24.4% in the same quarter of the previous year.”

Topics: Employment

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https://dailynewssegypt.com/2018/11/15/egypts-unemployment-rate-increases-to-10-in-q3-2018-capmas/
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