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Egypt – Unemployment rate hits record high

The national unemployment rate rose to 12.6 per cent in the second quarter of 2012 up from 11.8 per cent for the same quarter last year, Egypt’s official statistics agency CAPMAS reported on Tuesday.

According to CAPMAS, the total number of unemployed Egyptians currently stands at 3.395 million, more than a quarter of whom have recently lost their jobs.

CAPMAS figures further reveal that the unemployment rate for women (24.1 per cent) is almost triple that for men (9.2 per cent)…

via Egypt’s unemployment rate hits record high in second quarter – Economy – Business – Ahram Online.

Arab world | Unemployment ‘at least 16 pct’ after uprisings

POSTED BY  ⋅ APRIL 19, 2012 ⋅ LEAVE A COMMENT

Unemployment in the Arab World will be at least 16 per cent in the wake of last year’s uprisings, according to a top official in the Arab Labor Organization (ALO). Mohamed Sherif Dawood was speaking at the opening session of a two-day conference on labour issues that started in Cairo on Wednesday, titled ‘Employment for … Continue reading »

Microsoft, Silatech launch Egypt job portal

POSTED BY  ⋅ APRIL 8, 2012 ⋅ 1 COMMENT

Qatar-based Silatech has partnered with Microsoft to launch MasrWorks.com, an online employability portal for Egypt that supports workforce development for the country’s youth. MasrWorks is available in both Arabic and English, and provides resources ranging from online career guidance, employability and entrepreneurship training, to specific work experience and job opportunities. MasrWorks represents the first stage of … Continue reading »

Arab Spring turns to economic winter

POSTED BY  ⋅ MARCH 30, 2012 ⋅ 5 COMMENTS

The world’s highest youth jobless rate left the Middle East vulnerable to the uprisings that ousted Egypt’s Hosni Mubarak and three other leaders in the past year. It has got worse since then. About 1 million Egyptians lost their jobs in 2011 as the economy shrank for the first time in decades. Unemployment in Tunisia, … Continue reading »

Egypt unemployment climbs to 12.4 pct Q4/2011 – Economy – Business – Ahram Online

POSTED BY  ⋅ FEBRUARY 20, 2012 ⋅ 1 COMMENT

Egypt’s unemployment rate rose by 0.5 per cent to 12.4 per cent in the fourth quarter of 2011, according to an International Labour Organisation [ILO] report. Unemployment was 11.9 per cent in the third quarter of 2011. Urban governorates saw joblessness at 19 per cent and rural governorates 8 per cent. Read More @  Egypt … Continue reading »

Egypt’s unemployment rate rises to 12.4% | Egypt Independent

POSTED BY  ⋅ FEBRUARY 19, 2012 ⋅ 1 COMMENT

Egypt’s fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on its website on Saturday. Unemployment, one of the key triggers of the mass demonstrations that toppled Hosni Mubarak, rose to 12.4 percent in the fourth quarter of 2011, compared to 8.9 percent in the fourth quarter … Continue reading »

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