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CAIRO - Egypt's unemployment rate dropped to 11.9 percent in the third quarter of 2017 from 12.6 percent a year earlier, state statistics agency CAPMAS said on Wednesday.
President Abdel Fattah al-Sisi has pledged to reduce joblessness to 10 percent over the next few years, a target that will require higher levels of economic growth.
(Reporting by Ehab Farouk; Writing by Eric Knecht; Editing by Catherine Evans) ((eric.knecht@thomsonreuters.com; +20 2 2394 8102; Reuters Messaging: eric.knecht.thomsonreuters.com@reuters.net))
President Abdel Fattah al-Sisi has pledged to reduce joblessness to 10 percent over the next few years, a target that will require higher levels of economic growth.
(Reporting by Ehab Farouk; Writing by Eric Knecht; Editing by Catherine Evans) ((eric.knecht@thomsonreuters.com; +20 2 2394 8102; Reuters Messaging: eric.knecht.thomsonreuters.com@reuters.net))
