CAPMAS<\/a> said in a statement on Sunday.<\/p>\nThe urban labor force reached 12.981 million individuals, while the rural labor force reached 16.134 million.<\/p>\n
Egypt\u2019s unemployment<\/h2>\n
There are 24.233 million registered male employees, while female employees amounted to 4.882 million.<\/p>\n
Meanwhile, the number of unemployed people recorded 2.115 million in the second quarter, down from 2.155 million in first quarter and down by 17.8% from the second quarter of 2020.<\/p>\n
CAPMAS said that the unemployment rate among men reached 5.7% of the total males in the labor force in the current quarter.<\/p>\n
The rate reached 15% among females.<\/p>\n
The percentage of unemployed people in the age group 15 to 29 years-old during the current quarter was 68.4%.<\/p>\n
The agriculture and fishing sector achieved the largest participation rate of workers in economic activities with 5.191 million workers, according to CAPMAS.<\/p>\n
The activity of wholesale and retail trade reached 4.120 million, and the number of workers in construction was 3.682 million, the agency said.<\/p>\n
Future growth<\/h2>\n
Egypt seeks to achieve a 5.4% growth rate in 2021\/2022 fiscal year and increase investments to 17.6%, said Minister of Planning and Economic Development Hala El Saeed on Thursday.<\/p>\n
The country seeks to contain the rate of inflation to settle at 6%, unemployment at 7.3% and poverty at 28.5%, she said.<\/p>\n
All these targets are applicable as Egyptians have a strong will to achieve hoped-for changes and continue the national comprehensive development march under their wise leadership, she said.<\/p>\n
Among the economic targets, Saeed said \u201cwe seek to increase individual share of Gross Domestic Product to reach 3.4 percent in FY 2021\/22 and double saving rate to 11.2 percent against 5.5 percent in FY 2020\/2021\u201d.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Egypt\u2019s unemployment rate went down to 7.3% in the 2021\u2019s second quarter, down by 0.1% from 7.4% in the first quarter, and down by 2.3% from 2020 second quarter, the Central Agency for Public Mobilization and Statistics (CAPMAS) said. In the April-June period, the total number of employees fell by 0.6% to 29.115 million, according […]<\/p>\n","protected":false},"author":4,"featured_media":205919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[278],"class_list":["post-205918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured"],"yoast_head":"\n
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