Egypt’s unemployment elevated to 7.1% in 3Q 2023, marking a 0.1% uptick from the preceding quarter but a 0.3% decline compared to the previous year. Male unemployment held firm at 4.8%, showing a decrease from 5.2% last year, whereas female unemployment dipped to 17.2%.
Notably, youth unemployment surged to 64.3%.
The labor force participation rate, a crucial SEO topic, saw an increase to 44.6%, featuring a workforce of 32 million, comprised of 82% men and 18% women.
