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Morocco says unemployment up to 8.7 per cent by end June

Services sector gains but farming, industry and construction all cut jobs in the last 12 months, says official data

Reuters, Thursday 4 Aug 2011
Views: 1196
Views: 1196

Unemployment in Morocco rose to 8.7 per cent by the end of June compared with 8.2 per cent a year earlier, as the economy lost 84,000 jobs over the 12 months, official data showed on Wednesday.

While the services sector added 125,000 jobs, farming, fisheries, industry and construction had to reduce their workforce by a total 214,000 over the 12 months to June 2011, the country's planning authority (HCP) said.

No reasons were given for the job losses. About 40 per cent of the North African nation's workforce of 11.6 million people is employed in agriculture.

Unemployment among Moroccans below the age of 34 rose to 30.2 per cent by end-June from 27.7 per cent a year earlier. In cities, unemployment rose to 13.5 per cent from 12.7 per cent, HCP said.

The jobless rate during the first quarter of this year declined to 9 per cent from 10 per cent a year earlier.

The agriculture- and tourism-reliant economy grew by 4.9 per cent in the first quarter of this year, down from 5.4 per cent during the same period in 2010, HCP data show.  

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