Unemployment among Egypt's university grads exceeds 36%: CAPMAS
The agency added that 25.1% of this rate was males
Image used for illustrative purpose. Students wait in a lecture hall at Mansoura University's law school, 210 km (130 miles) north of Cairo, March 23, 2008, during a strike by professors to demand wage increases.
By Staff Writer, Arab Finance
ArabFinance: The unemployment rate of university graduates in Egypt reached 36.1% in 2019, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in an August 11th report.
The agency added that 25.1% of this rate was males, while the females formed 53.2%.
CAPMAS calculated its statistics based on the 18-29 years old age range in Egypt.
It added that the unemployment rate for those who hold a technical intermediate education certificate stood at 15.6%. The males represented 9.8% of this rate, while the females accounted for 49.6%.
Egyptian youth, meanwhile, represented 39.5% of the local job market last year, according to the central agency.
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