Egypt’s unemployment came in at 7.1% in 1Q 2023, down 0.1 percentage points from thefinal quarter of 2022, according to data from statistics agency Capmas. The jobless rate was also down 0.1 percentage points from the same period last year.

REMEMBER- The headline rate doesn’t tell the whole story: The unemployment rate doesn’t count people of working age who are not looking for jobs or who are unable to work. The labor force participation rate — which counts everyone aged 15-64 either in work or actively looking for work — rose to 43.0%, up from 42.8% in both the previous year and the previous quarter.

Unemployment among women remained mostly unchanged: The jobless rate among women decreased 0.1 percentage points from the quarter before to 19.2%. Unemployment among men dropped 0.2 percentage points to 4.5%. Unemployment among women is consistently much higher than among men.

The proportion of young people out of work was unchanged from 4Q 2022,with 15-29 year-olds accounting for 63.0% of all jobless people in 1Q 2023. Capmas doesn’t provide an official rate of youth unemployment.

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