Egypt's unemployment rate drops to 7 pct in Q2

STORY: Egypt's unemployment rate drops to 7 pct in Q2 DATELINE: Aug. 23, 2023 LENGTH: 00:00:58 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Agency for Public Mobilization and Statistics (CAPMAS) of Egypt 2. various of shops and restaurants 3. various of the Central Bank of Egypt STORYLINE: Egypt's unemployment rate fell slightly by 0.1 percent to 7 percent in the second quarter of this year, according to a report released by the country's statistics agency CAPMAS on Tuesday. More than two million Egyptians were without a job, including 1.2 million men and 941,000 women, the data revealed, adding that 61.8 percent of the unemployed Egyptians were between 15 and 29 years old. Meanwhile, the workforce in Egypt that covers the employed, unemployed who are capable to work, and those desiring to find jobs raised by 1.3 percent in the second quarter, compared to the same period a year earlier, said the report. Egypt's annual inflation rate rose to an all-time high of 38.2 percent in Ju

• Product Code
• ILEA001633972

• Registered date
• 2023/8/23 00:00:00

• Credit
• Xinhua / Kyodo News Images

• Media source
• Xinhua News Agency.All Rights Reserved

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• 1920 × 1080 pixel

• Deployment size
• 56.73(MB)*

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