Egypt’s unemployment rate declines to pre-revolution levels amid economic recovery
Although the Egyptian government is initiating programs to encourage work in the private sector, some graduates still see unemployment as a threat to young people.
Egypt’s unemployment rate has declined to pre-revolution levels amid an economic recovery and an increase in national development projects that employ thousands of young people.
According to a report released Feb. 14 by the state-run Central Agency for Public Mobilization and Statistics, the country’s unemployment rate fell to 8.9% in the fourth quarter of last year compared with 10% in the third quarter and 11.3% in the same quarter a year earlier.
