Egypt's unemployment goes up by 0.3% in Q3 2019

Egypt's unemployment rate rose to 7.8 percent in the third quarter (July to September) of 2019, up from 7.5 percent during the second quarter of 2019, stated the Central Agency of Public Mobilisation and Statistics (CAPMAS) on Thursday.

The unemployment rate dropped by 2.2 percent in the third quarter of 2019, down from the same period of 2018, the statement added.

According to CAPMAS, about 2.2 million Egyptians are currently unemployed, nearly divided equally between males and females. Some 77.8 percent of the unemployed are between 15 and 29 years old.

The labour force was estimated at 28.406 million, up from 28.069 million during the second quarter of 2019, with an increase of 1.2 percent. The urban labour force reached 12.381 million, and the rural work force recorded 16.025 million.