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Egypt’s unemployment rate falls to 9.9% in Q4

Egypt’s unemployment rate falls to 9.9% in Q4
Egyptian planning minister Hala El Said

Cairo – Mubasher: Egypt's unemployment rate fell to 9.9% in the fourth quarter of fiscal year 2017/2018, Egyptian planning minister Hala El Said revealed.

The North African country’s economic growth rose to 5.4% in the same quarter, the minister added in a statement on Thursday.

The number of employees increased by 2% to around 474,000 workers, El Said indicated.

She noted that unemployment among men tumbled to 6.7% from 8.22%, while joblessness among women dropped to 21.2%from 24.7%.