Egypt's Unemployment Rate Falls to 8.1 Percent in Q1 2019

Published May 16th, 2019 - 08:25 GMT
The number of unemployed stood at 2.267 million out of a total workforce of 27.968 million
The number of unemployed stood at 2.267 million out of a total workforce of 27.968 million. (Shutterstock)
Highlights
Cairo's unemployment rate dropped to 8.1% in Q1 2019 from 10.6% in same period of 2018.

Egypt’s unemployment rate fell in the first quarter of 2019, a state statistics agency said.

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Cairo's unemployment rate dropped to 8.1% in Q1 2019 from 10.6% in same period of 2018, according to CAPMAS.

The number of unemployed stood at 2.267 million out of a total workforce of 27.968 million, the agency said, Reuters reported. 

Unemployment was 8.9% in the fourth quarter of 2018 and 9.9% over the full year in 2018, according to the government.

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