Egypt's annual unemployment rate down to 6.6pc

RIYADH, Apr 27 (Arab News): Egypt's unemployment rate declined to 6.6 per cent in 2024, down 0.4 per cent from the previous year, driven by lower joblessness across both urban and rural areas and by growth in sectors such as agriculture, retail, and construction, official data shows.

The Central Agency for Public Mobilization and Statistics reported that manufacturing also experienced strong employment growth, further contributing to the overall decrease.

The number of unemployed individuals fell by 77,000 to 2.11 million, marking a 3.5 per cent decrease from 2023, while the total labor force expanded by 2.9 per cent to 32.041 million.