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2026-11-03T11:52:01.000Z

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Morocco sheds 173k jobs

Morocco sheds 173k jobs

The High Commission for Planning reported that the Moroccan economy lost 173,000 salaried jobs between the second and third quarters of 2026, a decline of 1.6%. Most of the losses were in rural areas, which shed 148,000 jobs. The unemployment rate rose from 9.5% to 10.5%, bringing the number of unemployed to 1,224,000. Young people aged 15 to 24 had the highest unemployment rate, at 30.5%. Unemployment also remained high among women, at 16.7%, and among holders of higher- and intermediate-level qualifications, at 18.1% for each group.

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