i'm expecting unemployment rate to fall even more this year.. since morocco is becoming interesting destination for more and more investors, there will be more and more jobs for locals..
Wednesday, May 16, 2007
The High Commissioner for Planning revealed in its information sheet on the situation of the job market in Morocco that the unemployment rate has slightly increased during the first quarter of 2007 to stand at 10% against 9.6% in 2006,.
Up to March 2007, this rate reached 15.8% in cities while it attained in rural areas 3.8%, the HCP said.
This increase most impacts on young people between 15 and 24, women living in urban areas and degree holders.
On the unemployed active population, it stood during the first quarter of 2007 at 1.132 million, i.e. a 8.5% increase (8.8% in the cities and 7.6 in rural areas) while the active population over 15 reached 11.2 millions (plus 4.2%) and the activity rate increased to stand at 52%, according to the same source.
A combined 369,000 remunerated job positions were created in both cities (57.9%) and countryside, the HCP revealed.
The unemployment rate has appreciably fallen in 2006 to stand at 9.7% against 11.1% in 2005. This rate reached 15.5% in cities while in rural areas it attained 3.7% in 2006, 0.1 point more than 2005.
1 Comment
Close this window Jump to comment formi'm expecting unemployment rate to fall even more this year.. since morocco is becoming interesting destination for more and more investors, there will be more and more jobs for locals..
Wednesday, May 16, 2007