HomePoliticsthe unemployment rate up to 12.9% in Q1-2023

the unemployment rate up to 12.9% in Q1-2023

The unemployment rate increased by 0.8 points between the first quarters of 2022 and 2023, rising from 12.1% to 12.9%, according to the High Commission for Planning (HCP).

This rate went from 16.3% to 17.1% in urban areas and from 5.1% to 5.7% in rural areas, specifies the HCP which has just published an information note relating to the market situation. of labor in the 1st quarter of 2023.

It also recorded an increase both among men, from 10.5% to 11.5% and among women, from 17.3% to 18.1%, notes the HCP, adding that this rate has experienced a strong increase. increase of 1.9 points among young people aged 15 to 24, from 33.4% to 35.3% and among people aged 25 to 35, from 19.2% to 20.9% (+ 1.7 point).

Regarding the number of unemployed, it increased by 83,000 people between the first quarter of 2022 and that of 2023, rising from 1,466,000 to 1,549,000 unemployed, which corresponds to an increase of 6%.

This increase, explains the HCP, is the result of an increase of 67,000 unemployed in urban areas and 16,000 in rural areas.

The unemployment rate for graduates, for its part, rose by 0.9 points, from 18.9% to 19.8%. This increase is more pronounced among holders of diplomas and certificates from primary and secondary college education (+2.2 points and a rate of 15.2%), and qualifying secondary education diplomas (+1.1 point and a rate of 22.6%).

For its part, the volume of active workers in a situation of underemployment increased by 88,000 people, between the first quarter of 2022 and the same period of 2023, going from 987,000 to 1,075,000 people at the national level, from 521,000 to 573,000 people in the cities and 466,000 to 502,000 in the countryside.

The underemployment rate thus fell from 9.2% to 10.3% at the national level, from 8.3% to 9.1% in urban areas and from 10.6% to 12.1% in rural areas. .

The note also shows that the volume of the employed working population in a situation of underemployment in terms of the number of hours worked, increased from 485,000 to 513,000 people at the national level, noting that the corresponding rate increased by 4 .5% to 4.9%.

The employed working population in a situation of underemployment in terms of insufficient income or mismatch between training and employment went from 502,000 to 562,000 people at the national level. The corresponding rate rose, according to the HCP, from 4.7% to 5.4%.

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