{"id":546416,"date":"2022-05-16T04:00:48","date_gmt":"2022-05-16T04:00:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/"},"modified":"2022-05-16T04:00:48","modified_gmt":"2022-05-16T04:00:48","slug":"unemployment-dips-to-7-2-1q-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/","title":{"rendered":"Unemployment dips to 7.2% 1Q 2022"},"content":{"rendered":"

<\/a> Egypt\u2019s unemployment rate dipped to 7.2% in 1Q 2022<\/strong> from 7.4%<\/a> the previous quarter, according to the latest data by state statistics agency Capmas (pdf)<\/a>. Unemployment was also down 0.2 percentage points compared with the same period last year.<\/p>\n

The jobless rate has remained more or less flat since <\/strong>the summer of 2020<\/a><\/strong>, with only mild fluctuations since spiking to a near-two-year high of 9.6%<\/a> in 2Q 2020 on the back of the lockdown and economic disruption that accompanied the pandemic.<\/p>\n

REMEMBER- The official unemployment rate only includes people who are looking for work. <\/strong>The labor force participation rate \u2014 which counts everyone aged 15-64 either in work or actively looking for work \u2014 fell 1.0 percentage points from the previous quarter to 42.8%.<\/p>\n

Unemployment is still disproportionately affecting young people<\/strong>:<\/strong> The number of 15-29 year-olds out of work accounted for 63.0% of all jobless people, down from last quarter\u2019s 64.3%.<\/p>\n

The jobless rate among women remained flat from the previous quarter<\/strong> at 17.7%, down 0.1 percentage points from 4Q 2021. Unemployment among men continued to decline, falling to 4.9% from 5.2% the previous quarter.<\/p>\n

Fewer jobs in the private sector? <\/strong>Private sector employment fell every month last quarter<\/a> and saw its sharpest drop in a year<\/a> in April, according to PMI data, as firms hold back from making new hires due to rising prices and falling demand.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s unemployment rate dipped to 7.2% in 1Q 2022 from 7.4% the previous quarter, according to the latest data by state statistics agency Capmas (pdf). Unemployment was also down 0.2 percentage points compared with the same period last year. The jobless rate has remained more or less flat since the summer of 2020, with only […]<\/p>\n","protected":false},"author":1,"featured_media":546417,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[104,928,72,235],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-employment","tag-enterpriseam","tag-labor","wpautop","entry"],"acf":{"mongo_id":"fdc538eb-17e8-4d52-b43d-e602878b8e18","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/5\/188.jpg","photo_position":"above","related_issue":[546406],"teaser":"","voice_url":""},"yoast_head":"\nUnemployment dips to 7.2% 1Q 2022 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unemployment dips to 7.2% 1Q 2022\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s unemployment rate dipped to 7.2% in 1Q 2022 from 7.4% the previous quarter, according to the latest data by state statistics agency Capmas (pdf). 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The jobless rate has remained more or less flat since the summer of 2020, with only […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-16T04:00:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/188.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Unemployment dips to 7.2% 1Q 2022\",\"datePublished\":\"2022-05-16T04:00:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/\"},\"wordCount\":216,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/5\/188.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"employment\",\"EnterpriseAM\",\"labor\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/16\/unemployment-dips-to-7-2-1q-2022\/\",\"name\":\"Unemployment dips to 7.2% 1Q 2022 - 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Although the drop was small, this is the second consecutive quarter during which the official unemployment rate eased after\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":581602,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/16\/unemployment-dips-in-4q-2022\/","url_meta":{"origin":546416,"position":3},"title":"Unemployment dips in 4Q 2022","author":"enterpriseam admin","date":"16 February 2023","format":false,"excerpt":"down 0.2 percentage points from the July-September quarter","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/1600-Factory-workers-strike.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543741,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/unemployment-falls-slightly-to-7-4\/","url_meta":{"origin":546416,"position":4},"title":"Unemployment falls slightly to 7.4%","author":"enterpriseam admin","date":"16 February 2022","format":false,"excerpt":"Unemployment falls slightly in 4Q2021: Egypt's unemployment declined fractionally to 7.4% in 4Q2021 from 7.5% the previous quarter, according to the latest data from statistics agencyCAPMAS (pdf). 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