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Egypt's jobless rate rose 0.5% in Q4/2012

Tardy economic activity has led to a rise in unemployment in Egypt by four percent since 2010

Ahram Online, Saturday 16 Feb 2013
Egypt
Egypt's cafes are a popular gathering place for the long-term unemployed (Photo: Reuters)
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Egypt’s unemployment rate saw a slight rise of 0.5 percent quarter on quarter in Q4 of 2012, reaching 13 percent of the country’s total labour force, state statistical body CAPMAS reported Saturday.

The total number of working Egyptians is currently 23.5 million, according to CAPMAS.

Compared to the fourth quarter of 2010, the jobless rate has risen by four percent. CAPMAS puts rising unemployment down to the slow economic activity, especially after the January 2011 uprising.

The quarterly report added that 9.6 percent of the total unemployed are males, while the proportion becomes higher among jobless females to reach 24.7 percent.

Unemployment in urban areas has reached 17 percent and just less than 10 percent in rural areas.

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Britta Le Va
17-02-2013 03:04am
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What
who's numbers are those and do they reflect that one job often is divided into three?
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YM
16-02-2013 09:13pm
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How?
9.6 percent of the total unemployed are males, while the proportion becomes higher among jobless females to reach 24.7 percent. -- how's that possible?
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TH
16-02-2013 06:13pm
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Really !
So unemployment in Egypt is at 13%, not bad ! Spain is at 25%, so is Greece, and they are both doing much better than us . Do you take us for fools ? Someone should check CAPMAS methodology or math. Enough lies.
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