Egypt’s unemployment rate stabilized during 2020 at 7.9 percent, recording the same rate of 2019, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
CAPMAS said in a statement, Wednesday, that the unemployment rate among young people between the ages of 15 and 29 reached 15 percent of the total workforce in the same age group, compared to 16.7 percent in 2019.
It added that the unemployment rate for young people in the age group (15-29 years) with intermediate, above-average, university qualifications and above amounted to 19.4 percent of the total workforce in the same age group in 2020, compared to 22.8 percent in 2019.
The CAPMAS pointed out that the labor force estimated at 28.45 million people in 2020 (23.68 million males, 4.774 million females), and the urban labor force amounted to 12.49 million people, while it amounted to 15.96 million people in the countryside.
The number of unemployed people reached 2.26 million unemployed in 2020 (1.41 million male unemployed, 846,000 female unemployed) compared to 2.22 million unemployed in 2019, marking an increase of 34,000 unemployed by 1.5 percent.
The male unemployment rate reached 6 percent in 2020 compared to 4.8 percent in 2019, while the female unemployment rate reached 17.7 percent in 2020 compared to 21.7 percent in 2019.
