Unemployment Rate Slightly Up in Q3 2023

Updated 11/22/2023 10:47:00 AM
Unemployment Rate Slightly Up in Q3 2023

The unemployment rate in Egypt rose to 7.1% during the third quarter (Q3) of 2023, inching up by 0.1% quarter-on-quarter (QoQ), according to data from CAPMAS.  

The labor force in Egypt increased by 3.2% in Q3 of this year to 31.956 million workers. 

The number of employed reached 29.69 million in Q3 2023, the data showed.  

The unemployment rate among males recorded 4.8% of total male labor force participation, while unemployed females made up 17.2% of total female labor force participation. 

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