Unemployment Rate In Egypt Hits 13% In 2012: AfDB

The African Development Bank’s Resident Representative for Egypt affirmed that the unemployment rate in Egypt is rising and will reach 13% by the end of 2012.

On the sidelines of the ‘Youth Employment: Building the Future’ forum, Sibry Tapsoba noted that 90% of the unemployed are between the ages of 15-29.

Unemployment rate is higher amongst highly educated as the largest segment of the unemployed are the university graduates, while high school graduates represent the largest segment of the unemployed among women.