Miscellaneous

Government: Mega projects caused a record drop in unemployment rate in 30 years

The Cabinet Media Center has said that the government dealt successfully with the effects of COVID 19 and the Russian-Ukrainian crisis, matter that increased job opportunities.

In a report issued Tuesday, the center said the mega development projects launched during the past years across the country caused a record drop in unemployment rate in 30 years.

It added the state was keen to empower youth and women economically through establishing more small and micro enterprises which led to a cut in the jobless rate as the unemployment dropped to 7.2 percent in the second quarter of this year against 7.3 percent in the same period of last year.

Source: State Information Service Egypt