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Latest in Tag: unemployment

Egypt’s unemployment rate decreases to 8.9% during Q4 2018: CAPMAS

Egypt’s unemployment rate registered 8.9% of the total labour force in fourth quarter (Q4) of 2018, while it was 10% in Q3 2018, with a decrease of 1.1% and a decrease of 2.4% from the same quarter last year, according to Central Agency for Public Mobilisation and Statistics (CAPMAS) on Thursday. The CAPMAS said that …

Daily News Egypt

Eurozone unemployment falls to decade-low 7.9 percent

Unemployment in the euro zone in November fell unexpectedly to its lowest rate in more than 10 years. But youth unemployment in Italy, Spain and Greece remains above 30 percent.Figures for November 2018 published by the European Union's statistical office, Eurostat, on Wednesday showed unemployment in the 19 EU countries which use the euro currency …

Deutsche Welle

German unemployment rate dips below 5 percent

The jobless rate in Europe’s biggest economy fell to its lowest October level since German unification nearly three decades ago. But brisk job creation and robust growth threatens to boost inflation in the months ahead.Germany's nominal unemployment rate dropped 0.1 percent to 4.9 percent in October, as 53,000 people fewer were registered as unemployed compared …

Deutsche Welle

Unemployment rate drops to 10.6% in Q1 2018: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced on Tuesday the results of its labour force survey for the first quarter (Q1) of 2018, stating that unemployment fell to 10.6% of the total labour force compared to 11.3% in Q4 2017. According to the CAPMAS, that quarter witnessed both a decrease in the …

Nehal Samir

Targeted growth rates, unemployment 

The government targets a gross domestic products (GDP) growth rate of 5.8% for FY 2018/19, according to the pre-budget announcement, with authorities targeting inclusive growth affecting all economic segments. Consequently, the government aims to create jobs to absorb the growing workforce; it is estimated that more than 700,000 join the work force annually. Many economic …

Daily News Egypt

Eurozone unemployment hits lowest level in a decade

The 19-member eurozone now boasts the lowest jobless rate in about 10 years, the EU’s statistics office has announced. It also reported a slight increase in consumer prices after months of declining inflation.Unemployment in the 19 countries that use the euro fell to its lowest level in a decade as the region’s economy kept benefitting …

Deutsche Welle

Creating jobs for youth main challenge for Arab region: Azour

Marrakesh – Unemployment continues to be the main challenge facing the Middle East and North Africa (MENA) region, Jihad Azour, president of the International Monetary Fund (IMF) in the Middle East and Central Asia told Daily News Egypt Monday on the sidelines of the IMF’s Opportunity for All conference. The challenge of unemployment in the Arab …

Nevine Kamel

German unemployment edges up but jobs market remains strong

The number of jobless Germans rose slightly in December compared with the previous month. But on an annual basis there have never been more people employed in Europe’s biggest economy in the past 27 years.In December 2017, German jobless queues rose by 17,000 to 2.385 million, which was however 183,000 people fewer without work than …

Deutsche Welle

German unemployment drops below important threshold

German unemployment has fallen again as the arrival of summer weather goes hand in hand with a pick-up in hiring in Europe’s biggest economy. With companies reporting full order books, a trend reversal is not in sight.The number of jobless people in Germany dropped in May, the Federal Labor Agency (BA) reported on Wednesday. The …

Deutsche Welle