HCP: Unemployment down 12.1% in Q1-2022

The High Commission for Planning (HCP) reported that the unemployment rate fell by 0.4 points between the first quarters of 2021 and 2022, from 12.5% ​​to 12.1%.

In an information note relating to the situation of the labor market in the 1st quarter of 2022, the HCP specifies that this rate recorded a drop in both rural and urban areas from 5.3% to 5.1% and from 17.1% to 16.3%, respectively.

The number of unemployed fell by 68,000 people between the 1st quarter of 2021 and that of 2022, falling from 1,534,000 to 1,466,000 unemployed, it also emerges from the said note, which notes that this decline is of the order 52,000 in urban areas and 16,000 in rural areas.

The unemployment rate also fell among women by 0.2 points to 17.3%, while it increased among young people aged 15 to 24 by 0.9 points to 33.4%, mainly in the middle urban (47.7%).

With regard to graduates, the unemployment rate fell by 0.9 points to 18.9%. On the other hand, higher level graduates saw their unemployment rate rise by 0.5 points to 26.7%. The highest increase was recorded among specialized and higher technicians (+3.2 points to 35%), followed by holders of higher diplomas issued by faculties (+1.2 point to 28.6%) and higher diplomas issued by schools and institutes (+0.8 point to 9%).

The unemployment rate for mid-level graduates fell from 16.1% to 14.4%. This decline is greater among graduates with professional qualifications (-2.6 points to 22.3%).

Furthermore, the volume of underemployment was, during the same period, at 987,000 people (521,000 in the cities and 466,000 in the countryside). The underemployment rate, at the national level, thus remained the same as in the first quarter of 2021 (9.2%), with a drop to 8.3% in urban areas and an increase to 10.6% in rural areas. .

The underemployment rate increased from 10.2% to 10.5% among men and fell from 5.6% to 4.8% among women. In urban areas, this rate is 8.6% against 6.9% for women. In rural areas, it is almost 6 times higher among men (13.3%) than among women (2.2%).



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