Egypt's unemployment falls to 5.8%

Data shows that Egypt's labor market improved during the second quarter of 2026, with the workforce increasing to approximately 35.64 million people and the number of employed individuals rising to 33.6 million. The unemployment rate decreased to 5.8% compared to 6% in the first quarter. The number of unemployed persons also fell to around 2.08 million, with the unemployment rate among males dropping to 3.4%, while it rose slightly among females to 14.4%. However, challenges remain, such as the disparity between urban and rural areas, where the unemployment rate in cities stands at 8.8%. The government continues to implement economic reforms with support from the International Monetary Fund, despite growing inflationary pressures expected to reach 15.6% in July, driven by rising food and energy prices and the base year effect.

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