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00:45
Egypt's unemployment rate up to 6.7 pct in Q3
STORY: Egypt's unemployment rate up to 6.7 pct in Q3
SHOOTING DATE: File
DATELINE: Nov. 15, 2024
LENGTH: 00:00:45
LOCATION: Cairo
CATEGORY: ECONOMY
SHOTLIST:
1. various of the Nile River
2. various of people walking in the streets
3. various of people gathering
STORYLINE:
The unemployment rate in Egypt rose to 6.7 percent in the third quarter (Q3) of 2024, up by 0.2 percent compared to the second quarter of 2024, according to the report released by the country's official statistics agency on Thursday.
The report by the Central Agency for Public Mobilization and Statistics said the total number of unemployed individuals in the period reached 2.16 million, making up 6.7 percent of the entire workforce.
It noted that the unemployment among women hit 18.2 percent, significantly higher than men at 4.2 percent.
Youth unemployment, especially within the age group of 15-29, accounted for 67.2 percent of the total unemployed population.
The workforce in Egypt consists of 26.43 million males and 5.79 million females, according to the report.
Xinhua News Agency correspondents reporting from Cairo.
(XHTV)
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