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Egypt Q3 jobless rate down to 8.6pc

Cairo, December 15, 2008

Unemployment in Egypt fell to 8.6 per cent of the workforce in the July-September quarter of 2008, from 8.9 per cent in the same period of 2007, the Egyptian government statistics agency Capmas said.

The agency said there were 2.121 million people unemployed in the quarter, out of a workforce of 24.807 million, compared with a year ago when there were 2.095 million unemployed out of a workforce of 23.54 million.-Reuters




Tags: Egypt | drop | jobless rate |

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