Egypt’s unemployment rate eased to 7.2% in Q2-FY2020/21 – minister

Egypt’s unemployment rate inched down to 7.2 percent in the second quarter of the financial year 2020/2021 compared with 7.3 percent in the first quarter, according to its planning minister Hala al-Saeed.

During meeting with Prime Minister Moustafa Madbouly on Wednesday, Minister al-Saeed said the rates eased as the economy gradually reopened after strict coronavirus lockdowns as well as some labour-intensive activities