Egypt's unemployment rate drops to 7.5% in Q2 2019

Ahram Online , Friday 9 Aug 2019

unemployment
(Photo: Ahram file)

Egypt’s unemployment rate fell to 7.5 percent in the second quarter of 2019 compared with 9.9 percent in the same period last year, the cabinet said in a statement.

The figure stood at 8.1 percent in the first quarter of 2019 with approximately 2,267,000 unemployed workers out of a total workforce of 27,968,000 million.

Government officials attribute the decline in unemployment rates in recent months to the national mega-projects the country is implementing.

Unemployment was 9.9 percent over the whole year in 2018, according to the government.

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