Unemployment in Egypt fell to 7.3% in the 2nd quarter of 2021: CAPMAS

The Central Company for Public Mobilization and Statistics (CAPMAS) introduced a lower in Egypt’s unemployment price to 7.3 % within the second quarter of 2021 of the whole labor power, in comparison with 7.4 % within the first quarter of the identical 12 months and a lower of two.3 % from the identical quarter of the earlier 12 months.

There are a complete of two.115 million unemployed individuals representing 7.3 % of the whole labor power (1.383 million males, 732,000 females), in comparison with 2.155 million unemployed within the first quarter of 2021, a lower of 40,000 unemployed by 1.9 %, and a lower of 459,000 unemployed in comparison with the identical quarter of the earlier 12 months at 17.8 %.

CAPMAS mentioned that the unemployment price amongst males reached 5.7 % of the whole males within the labor power within the present quarter.

The speed reached 15 % amongst females, and the proportion of unemployed individuals within the age group 15 to 29 years-old in the course of the present quarter was 68.4 %.

The company added that the unemployment price in city areas was about 11.2 %, in comparison with 4.1 % within the countryside in the course of the second quarter of 2021.

The agriculture and fishing sector achieved the most important participation price of staff in financial actions with 5.191 million staff, and the exercise of wholesale and retail commerce reached 4.120 million, and the variety of staff in building was 3.682 million.

Edited translation from Al-Masry Al-Youm

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