February 15, 2020 / 8:59 AM / 4 days ago

Egypt's jobless rate drops to 8% in fourth quarter 2019: state agency

CAIRO (Reuters) - Egypt’s unemployment rate fell to 8% in the fourth quarter of 2019 from 8.9% in the same quarter in 2018, state statistics agency CAPMAS said on Saturday.

But the unemployment rate increased by 0.2% compared with the third quarter when it was 7.8%.

Reporting by Ehab Farouk; Writing by Mahmoud Mourad; Editing by Edmund Blair

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