In 2020, the unemployment rate in Egypt was at approximately 10.13 percent.
What is the unemployment rate in Egypt 2021?
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced, on Tuesday, that the country’s unemployment rate rose to 7.4% in Q1 (Q1) of 2021, compared to 7.2% in Q4 of 2020.
Why is Egypt unemployment rate so high?
In Egypt, unemployment has also been the result of underperformance of labor markets, the labor force has grown at faster rate than the demand for labor and this trend is likely to continue in the coming years too, Job opportunities have grown at slower rate in Egypt compared to the growth rate of population.
What is the percentage of employment in Egypt?
Egypt: Distribution of employment by economic sector from 2010 to 2020
What is the unemployment rate today 2020?
The unemployment rate decreased by 1.0 percentage point to 6.9 percent in October 2020. That was the sixth consecutive month the rate has declined, but it was still nearly twice the February rate of 3.5 percent.
Which country has the highest unemployment rate?
Here are the 10 countries with the highest rates of unemployment:
- Senegal (48.00%)
- Haiti (40.60%)
- Kenya (40.00%)
- Djibouti (40.00%)
- Republic Of The Congo (36.00%)
- Marshall Islands (36.00%)
- Namibia (34.00%)
- Kiribati (30.60%)
What is the poverty rate in Egypt?
Egypt’s poverty rate declines to 29.7%: CAPMAS
Egypt’s poverty rate declined to 29.7 percent in FY 2019/2020, down from 32.5 percent two years earlier, according to the poverty, consumption, and income research conducted by the Central Agency for Public Mobilisation and Statistics (CAPMAS).
What causes youth unemployment in Egypt?
There are many reasons for the high youth unemployment rate in Egypt. First and foremost, the level of economic growth in the country did not match the demographic pressures of having an increasing number of new entrants to the labor market from the youth every year.
How is unemployment in Egypt?
Unemployment rate in Egypt 2020. This statistic shows the unemployment rate in Egypt from 1999 to 2020. In 2020, the unemployment rate in Egypt was at approximately 10.13 percent.
How many types of unemployment are there?
There are basically four types of unemployment: (1) demand deficient, (2) frictional, (3) structural, and (4) voluntary unemployment.
What is the employment rate in Egypt 2020?
CAIRO – 14 May 2020: Egypt’s unemployment rate recorded 9.6 percent during the second quarter (Q2) of 2020, compared to 7.7 percent during the first quarter of 2020, marking an increase of 2.1 percent, according to state’s statistic’s body.
What is the cost of living in Cairo Egypt?
Summary about cost of living in Cairo, Egypt: Family of four estimated monthly costs are 1,471$ (23,064EG£) without rent. A single person estimated monthly costs are 414$ (6,488EG£) without rent. Cairo is 68.70% less expensive than New York (without rent).
What is the main occupation in Egypt?
Economy of Egypt
|Labour force by occupation||agriculture: 20% industry: 30% services: 50% (2015 est.)|
|Unemployment||5.7% (2020) 10.3% (2018)|
|Main industries||textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light manufactures|
What state has the lowest unemployment benefit?
Policies and benefits vary by state. Mississippi has the lowest maximum unemployment benefits in the U.S. of $235 per week, while Massachusetts has the highest at $823. North Carolina and Florida offer unemployment benefits for the shortest length of time with a maximum of 12 weeks.
Which state has the worst unemployment?
Unemployment rate by jurisdiction
|Rank||Rank (50 states)||State federal district or territory|
What was the lowest unemployment rate in 2020?
Unemployment Rate in the United States averaged 5.77 percent from 1948 until 2021, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953.