EGX ends week mostly higher on Oct. 16    Egypt, Qatar sign MoU to boost cooperation in healthcare, food safety    Egypt, UK, Palestine explore financing options for Gaza reconstruction ahead of Cairo conference    Egyptian Amateur Open golf tournament relaunches after 15-year hiatus    Egypt's Kouchouk: IMF's combined reviews will give clearer picture of fiscal performance    Egypt will never relinquish historical Nile water rights, PM says    Oil prices rise on Thursday    Fragile Gaza ceasefire tested as humanitarian crisis deepens    Egypt explores cooperation with Chinese firms to advance robotic surgery    CBE, China's National Financial Regulatory sign MoU to strengthen joint cooperation    Avrio Gold to launch new jewellery, bullion factory in early 2026    AUC makes history as 1st global host of IMMAA 2025    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi, Sudan's Al-Burhan renew opposition to Ethiopia's unilateral Blue Nile moves    Egypt's Cabinet hails Sharm El-Sheikh peace summit as turning point for Middle East peace    Gaza's fragile ceasefire tested as aid, reconstruction struggle to gain ground    Egypt's human rights committee reviews national strategy, UNHRC membership bid    Al-Sisi, world leaders meet in Sharm El-Sheikh to coordinate Gaza ceasefire implementation    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Unemployment rate drops to 10.6% in Q1 2018: CAPMAS
Published in Daily News Egypt on 15 - 05 - 2018

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced on Tuesday the results of its labour force survey for the first quarter (Q1) of 2018, stating that unemployment fell to 10.6% of the total labour force compared to 11.3% in Q4 2017.
According to the CAPMAS, that quarter witnessed both a decrease in the labour force and in the number of unemployed persons.
The CAPMAS explained that the unemployment rate decreased by 1.4% compared to the same quarter of the previous year.
It also stated that the labour force was estimated at 29.186 million workers, which means a decrease of 86,000, equivalent to 0.3%, compared to Q4 2017, and an increase of 37,000 people, or 0.1%, when compared to the same quarter of last year.
On the other hand, the number of unemployed persons stood at 3.094 million, representing 10.6% of the total force, a decrease of 6.5% from Q4 2017 and 11.7% compared to the same quarter of 2017.
In terms of the gender of the unemployed, the report stated that 7.3% of the unemployed were men in Q1 2018, down from 7.8% in Q4 2017, while 22% were women, down from 23.3% in Q4 2017.
"The percentage of unemployed youth (15-29 years old) was 75.2% of the total unemployment rate," according to the report.
Concerning the place of residence, the CAPMAS revealed that the urban unemployment rate reached 12.1% of the total urban labour force, versus 12.9% in Q4 2017.
Meanwhile, the rural unemployment rate was 9.5% of the total rural labour force in Q1 2018, down from 10.1% in Q4 2018.
The percentage of unemployed persons with intermediate, upper-intermediate, and higher education degrees were 87.7%.
Meanwhile, the number of the employed persons (workers) reached 26.092 million, an increase of 0.5% compared to Q4 2017, and an increase of 1.7% over the same quarter of the previous year.
The report explained that the percentage of those receiving cash wages represented 68.9% of the total labour force, while the number of business owners represented 11.4% of the total employment rate.
The CAPMAS also stated that the number of self-employed persons represented 12% of the total employment rate, and the number of employees contributing to work on family projects without pay represented 7.7% of all employed persons.
"The unemployment rate in 2017 fell to 11.8% from 12.5% in 2016," according to the CAPMAS.
The CAPMAS is the official statistical agency of Egypt that collects, processes, analyses, and disseminates statistical data, and conducts the census.


Clic here to read the story from its source.