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

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced a decrease in Egypt’s unemployment rate to 7.3 percent in the second quarter of 2021 of the total labor force, compared to 7.4 percent in the first quarter of the same year and a decrease of 2.3 percent from the same quarter of the previous year.

There are a total of 2.115 million unemployed people representing 7.3 percent of the total labor force (1.383 million males, 732,000 females), compared to 2.155 million unemployed in the first quarter of 2021, a decrease of 40,000 unemployed by 1.9 percent, and a decrease of 459,000 unemployed compared to the same quarter of the previous year at 17.8 percent.

CAPMAS said that the unemployment rate among men reached 5.7 percent of the total males in the labor force in the current quarter.

The rate reached 15 percent among females, and the percentage of unemployed people in the age group 15 to 29 years-old during the current quarter was 68.4 percent.

The agency added that the unemployment rate in urban areas was about 11.2 percent, compared to 4.1 percent in the countryside during the second quarter of 2021.

The agriculture and fishing sector achieved the largest participation rate of workers in economic activities with 5.191 million workers, and the activity of wholesale and retail trade reached 4.120 million, and the number of workers in construction was 3.682 million.

Edited translation from Al-Masry Al-Youm

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