{"id":642531,"date":"2017-08-16T04:03:13","date_gmt":"2017-08-16T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/"},"modified":"2017-08-16T04:03:13","modified_gmt":"2017-08-16T04:03:13","slug":"unemployment-rate-down-to-11-98","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/","title":{"rendered":"Unemployment rate down to 11.98%"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The unemployment rate dropped to 11.98% in 2Q2017<\/strong> from 12.5% a year earlier, according to <a href=\"http:\/\/www.capmas.gov.eg\/Pages\/ShowHmeNewsPDF.aspx?page_id=\/Admin\/News\/PressRelease\/201781515216_566.pdf&Type=News\">a CAPMAS report<\/a>. The number of Egyptians counted as unemployed dropped by 64k y-o-y to 3.496 mn with the labour force growing by 651k y-o-y to 29.183 mn. It\u2019s the first time since 2011 that the unemployment rate has fallen below 12%, <a href=\"http:\/\/www.reuters.com\/article\/egypt-economy-unemployment-idUSL4N1L14QC\">Reuters notes<\/a>, adding that the improvement fell slightly short of government projections of a 11.7-11.8% rate by the end of the 2016-17 fiscal year. Arqaam\u2019s Reham Eldesoki again does color commentary, telling the wire service, \u201cIt's a positive trend that unemployment is going down, especially because most of the unemployed are youth, and this means that we're not too far from reaching a single-digit rate.\"<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The unemployment rate dropped to 11.98% in 2Q2017 from 12.5% a year earlier, according to a CAPMAS report. The number of Egyptians counted as unemployed dropped by 64k y-o-y to 3.496 mn with the labour force growing by 651k y-o-y to 29.183 mn. It\u2019s the first time since 2011 that the unemployment rate has fallen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642531","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f69593e0-9b87-4166-92d6-e21d78444c18","order":"0","is_powered_by":true,"section_story_id":"a402ac62-0799-4db6-95c4-5e6a166a893f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642521],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Unemployment rate down to 11.98% - 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\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unemployment rate down to 11.98%\" \/>\n<meta property=\"og:description\" content=\"The unemployment rate dropped to 11.98% in 2Q2017 from 12.5% a year earlier, according to a CAPMAS report. The number of Egyptians counted as unemployed dropped by 64k y-o-y to 3.496 mn with the labour force growing by 651k y-o-y to 29.183 mn. It\u2019s the first time since 2011 that the unemployment rate has fallen [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-16T04:03:13+00:00\" \/>\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\/2017\/08\/16\/unemployment-rate-down-to-11-98\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Unemployment rate down to 11.98%\",\"datePublished\":\"2017-08-16T04:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\",\"name\":\"Unemployment rate down to 11.98% - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-16T04:03:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Unemployment rate down to 11.98%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Unemployment rate down to 11.98% - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/unemployment-rate-down-to-11-98\/","og_locale":"en_US","og_type":"article","og_title":"Unemployment rate down to 11.98%","og_description":"The unemployment rate dropped to 11.98% in 2Q2017 from 12.5% a year earlier, according to a CAPMAS report. 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The labor force increased by 0.3% q-o-q in 1Q2017 to 29.15 mn and the number of those who are unemployed dropped by 2.5% to 3.50 mn in the same quarter. The unemployment rate\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628883,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/16\/unemployment-rate-drops-to-10-6-in-1q2018-from-11-3-a-year-before\/","url_meta":{"origin":642531,"position":1},"title":"Unemployment rate drops to 10.6% in 1Q2018 from 11.3% a year before","author":"enterpriseam admin","date":"16 May 2018","format":false,"excerpt":"Unemployment falls to 10.6% in 1Q2018, down from 11.3% in the comparable period last year, CAPMAS announced in its quarterly report. Overall, the labor force grew slightly by 0.1% y-o-y to 29.2 mn people in 1Q2018. Far more women than men remain unemployed: The unemployment rate for women was 22.0%\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598170,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/","url_meta":{"origin":642531,"position":2},"title":"Egypt\u2019s unemployment rate falls to 8.1% in 1Q2019","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"GOOD NEWS- Unemployment falls for the second quarter in a row: Egypt\u2019s unemployment rate fell to 8.1% in 1Q2019, down from 8.9% in 4Q2018and 10.6% in 1Q2018, the Central Agency for Public Mobilization and Statistics (CAPMAS) said yesterday. This is the second consecutive quarter the country\u2019s unemployment rate has fallen,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569157,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/16\/egypts-unemployment-rate-rises-marginally-in-4q2019-to-8-q-o-q\/","url_meta":{"origin":642531,"position":3},"title":"Egypt\u2019s unemployment rate rises marginally in 4Q2019 to 8%, q-o-q","author":"enterpriseam admin","date":"16 February 2020","format":false,"excerpt":"Unemployment in Egypt fell to 8% in 4Q2019, down 0.9% y-o-y from 4Q2018, according toCapmas figures. Unemployment increased marginally on a quarterly basis from 7.8% in 3Q2019 and 7.5% in 2Q2019, which was the lowest figure recorded in a decade. 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