What is the unemployment rate in Morocco?

What is the unemployment rate in Morocco 2021?

Rabat – Morocco’s unemployment rate went up by 0.5% in the second quarter of 2021, increasing from 12.3% recorded in the first quarter of 2021, according to the latest data presented by the country’s High Commission for Planning (HCP).

What is the employment rate in Morocco?

As of 2020, the employment rate in Morocco reached 39.4 percent, decreasing from 41.6 percent in the preceding year. Within the period under study, the rate of employment in the country followed a decreasing trend. It stood at 44.1 percent in 2012.

Is there unemployment benefit in Morocco?

The unemployment benefits are payable for up to six months. Recipients could collect as much as 70 percent of their salary from the preceding three months. Pay outs should not exceed 100 percent of the guaranteed minimum wage, which stands at 2,110 dirhams.

Which country has the highest unemployment rate?

In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.

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What is minimum wage in Morocco?

Most countries have a nation-wide minimum wage that all workers must be paid. Morocco’s minimum wage is 3 000 MADs ($310) per month in public sector,2 570.86 MAD ($265) per month in private sector,69,73 MAD ($7) per day for agricultural workers.

What is the poverty rate in Morocco?

Poverty headcount ratio in Morocco 2018-2021

In 2021, the poverty rate was estimated to reach 3.6 percent in Morocco, a slight increase compared to 2020, when it was measured at 3.3 percent. Poverty is one of the major issues in Morocco, more so due to the impacts of the coronavirus (COVID-19) pandemic.

How much is Morocco’s debt?

In 2019, the national debt of Morocco amounted to around 85.04 billion U.S. dollars.

What is the population below poverty line in Morocco?

Population below poverty line: 4.8% (2013 est.) Definition: National estimates of the percentage of the population falling below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group.

What is the literacy rate in Morocco?

In 2018, adult literacy rate for Morocco was 73.8 %. Adult literacy rate of Morocco increased from 41.6 % in 1994 to 73.8 % in 2018 growing at an average annual rate of 10.37%.

Is Labour cheap in Morocco?

Given the low cost of local labour and the low cost of living in Morocco, many foreign companies have settled in the country. This includes many call centres along with some multinational and international companies.

Which country has the lowest unemployment 2021?

The ten countries with the lowest unemployment rates are: Cambodia (0.30%) Qatar (0.60%)

Unemployment by Country 2021.

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Country Unemployment Rate 2021 Population
Grenada 24.00% 113,021
Afghanistan 23.90% 39,835,428
Nauru 23.00% 10,876
Dominica 23.00% 72,167

What is China’s unemployment rate?

In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.

Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.

Characteristic Unemployment rate
2020 4.24%
2019 3.62%
2018 3.8%
2017 3.9%

Why is Egypt unemployment rate so high?

The unemployment issue in Egypt is mainly about the educated youth seeking its first job. The mismatch of skills between job requirements and the qualification of job seekers, the high reservation wage of new school leavers, and limited labor mobility are at the root of the problem.