Unemployment

Egypt's unemployment rate record 7.7% in Q1 2020: CAPMAS

Thu, 14 May 2020 - 03:39 GMT

Comparing to the first quarter of 2019, the unemployment rate decreased 0.4 percent.

Egypt's unemployment rate fell by 09% in 2019: CAPMAS

Sat, 15 Feb 2020 - 11:18 GMT

The number of jobless people reached 28.950 million people during the last quarter of 2019, the statement added.

Banque Misr: CBE initiative helps achieving development, reducing unemployment

Mon, 16 Sep 2019 - 02:36 GMT

Within the framework of the initiative, Banque Misr provides distinct financing schemes ranging from LE 1 million up to LE 20 at a 5 percent simple diminishing return to cater for the needs of the small- and medium-scale enterprises (SMEs).

Unemployment drops to 7.5% in Q2 2019: CAPMAS

Thu, 15 Aug 2019 - 10:51 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) said the jobless rate declined in the second quarter of 2019 to 7.5 percent of the workforce, compared to 8.1 percent in the first quarter of the same year.

Egypt records growth rate of 5.7% in Q4 of 2018/19

Wed, 17 Jul 2019 - 11:58 GMT

Madbouli stated in the Cabinet weekly meeting that the growth rate during the last fiscal year recorded 5.6 percent.

How industrialization took its toll on Egyptian women

Sun, 30 Jun 2019 - 04:00 GMT

Many women lost their jobs to men when shifting from an agrarian to an industrial society.

Egypt's unemployment rate reaches 8.9%: Solidarity Ministry

Thu, 20 Jun 2019 - 11:11 GMT

The Ministry of Social Solidarity said that 4 million jobs were provided through anti-unemployment programs and projects during the last 10 years.

The Exchange Rate Treasure Trove

Sat, 01 Jun 2019 - 02:36 GMT

Despite it leading to dwindling personal purchasing power, the decline of the local currency against the dollar has been proving a goldmine for local manufacturers.

Unemployment rate drops to 8.9% in Q4 2018

Thu, 14 Feb 2019 - 01:21 GMT

On a quarter on quarter basis, unemployment rate also dropped 1.1 percent from 10 percent in the third quarter of 2018.

Arab unemployment rate to remain at 7.3% until 2020: ILO

Thu, 14 Feb 2019 - 12:13 GMT

Migrant workers account for 41 per cent of total regional employment, and in GCC countries more than half of all workers are migrants, on average.

Economic indicators up in 2018 - Cabinet

Thu, 13 Dec 2018 - 03:18 GMT

Economic growth rose from 4.2% to 5.3% during the 2017/2018 fiscal year, while unemployment rate declined from 12% to 9.9%.

Unemployment rate hit 10% in Q3 2018

Thu, 15 Nov 2018 - 11:01 GMT

On a quarter on quarter basis, unemployment rate increased 0.1 percent from 9.9 percent in the second quarter of 2018.

112 NGOs receive LE376 million in October

Sun, 11 Nov 2018 - 02:09 GMT

Wali explained that 55 foreign entities provided 151 grants to 112 NGOs in Egypt.

Otlob participates in Egypt’s initiative to reduce unemployment

Wed, 15 Aug 2018 - 10:30 GMT

This initiative comes as part of the social responsibility of the private sector within the framework of supporting the state strategy to eliminate unemployment

Social security nets to grow: New borns added to ration cards starting July

Wed, 04 Jul 2018 - 01:51 GMT

Minister of Supply and Internal Trade said July 3 that procedures and guidelines governing the addition of new born children to ration cards will be put in place and announced July 11.

‘Population increase is eating up economic reforms’: MP

Fri, 25 May 2018 - 03:51 GMT

President Abdel Fatah al-Sisi has previously also noted that the rapid increase in population is also affecting the economic reforms, and are slowing them down.

Unemployment rate decreases to 10.6% in Q1 2018

Tue, 15 May 2018 - 10:11 GMT

Egypt’s unemployment rate declined 1.4 percent during the first quarter of 2018 to 10.6 percent, compared to 12 percent in the same period of 2017.

Hot U.S. jobs market spurs push to reach those left behind

Wed, 09 May 2018 - 11:11 GMT

In Cleveland, a new road has been redesigned as an “Opportunity Corridor” to bring businesses and jobs to poor neighborhoods along its way.

US job growth rebounds modestly; unemployment rate hits 3.9 percent

Fri, 04 May 2018 - 01:28 GMT

That was still the fewest amount of jobs created in six months and followed an outsized gain of 324,000 in February.

Saudi Arabia needs 1.2 million jobs by 2022 to hit unemployment target: official

Wed, 25 Apr 2018 - 03:49 GMT

Saudi Arabia aims to create 1.2 million jobs by 2022 by focusing on the retail sector in order to reduce unemployment to 9 percent.

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