Egypt Final
UNEMPLOYMENT IN EGYPT
Egypt is a country located in North Eastern Africa with a small part of it in the Middle –east. Like many other countries, Egypt too has witnessed fluctuations in its economic growth. The Egyptian Labor market is characterized by structural distortions which are caused due to the wide gap between the demand and supply of labor. The main sources for market data of Egypt are Population Census (PC), Labor Force Sample Survey (LFSS) and the Ministry of Planning Statistics.
The service sector employs the maximum population, followed by agriculture and then manufacturing. The rate of employment growth in manufacturing is only 0.5%
A few Labor market institutions in Egypt are Ministry of Manpower and Migration (MOMM), Employment Information Program, Information and Decision Support Centre (IDSC) and the Supreme Council for HRD. Since the fourth quarter of 2013, the unemployment rate in Egypt has been 13.4%.
Unemployment has been a major problem for Egypt but a significant rise in the unemployment rates was seen in this century. The damage due to unemployment is not just economical, but negative mental and physical impact on the people is seen. The worst affected are the women and the youth.
Youth Unemployment is extremely high in Egypt with almost 92% on the total unemployment being of the age group 15-29. Graduates who are searching for jobs for the very first time sometimes have to wait for years before they can be employed. The maximum unemployed among the youth are the ones who are educated.
The years 1991 to 1995, saw an increase in unemployment rate in Egypt from 8.9% to 11.3%. The rate has been above 10% since the past few years. 2000-2005 is the basic time period which my article will be talking about.
CAUSES OF UNEMPLOYMENT
The quality of employment has been deteriorating. Most of the time, the education and training of the employee are quite un-related to what the job seekers desire. The higher education and vocational
Egypt is a country located in North Eastern Africa with a small part of it in the Middle –east. Like many other countries, Egypt too has witnessed fluctuations in its economic growth. The Egyptian Labor market is characterized by structural distortions which are caused due to the wide gap between the demand and supply of labor. The main sources for market data of Egypt are Population Census (PC), Labor Force Sample Survey (LFSS) and the Ministry of Planning Statistics.
The service sector employs the maximum population, followed by agriculture and then manufacturing. The rate of employment growth in manufacturing is only 0.5%
A few Labor market institutions in Egypt are Ministry of Manpower and Migration (MOMM), Employment Information Program, Information and Decision Support Centre (IDSC) and the Supreme Council for HRD. Since the fourth quarter of 2013, the unemployment rate in Egypt has been 13.4%.
Unemployment has been a major problem for Egypt but a significant rise in the unemployment rates was seen in this century. The damage due to unemployment is not just economical, but negative mental and physical impact on the people is seen. The worst affected are the women and the youth.
Youth Unemployment is extremely high in Egypt with almost 92% on the total unemployment being of the age group 15-29. Graduates who are searching for jobs for the very first time sometimes have to wait for years before they can be employed. The maximum unemployed among the youth are the ones who are educated.
The years 1991 to 1995, saw an increase in unemployment rate in Egypt from 8.9% to 11.3%. The rate has been above 10% since the past few years. 2000-2005 is the basic time period which my article will be talking about.
CAUSES OF UNEMPLOYMENT
The quality of employment has been deteriorating. Most of the time, the education and training of the employee are quite un-related to what the job seekers desire. The higher education and vocational