Home / Finance & Economy / HCP: 84,000 jobless Moroccans gave up finding work in 2018

HCP: 84,000 jobless Moroccans gave up finding work in 2018

In 2018, 84,000 unemployed Moroccans despaired of finding a job. Eighty-seven percent of them live in urban areas. Of those, 53 percent are young people between 15 and 29 years old, and 8 percent of them have a graduate certificate.

The High Commission for Planning’s data report, published on Tuesday, noted that 1,168,000 Moroccans are unemployed.

The report, which focused on the 2018 labor market, stated that the unemployment rate is higher among women, 14 percent, compared to among men, 8.4 percent.

According to the report, Morocco opened 112,000 new job opportunities in 2018. Of those, women were hired for 27,000 positions, and men for 85,000.

“All sectors contributed to create job opportunities,” the report noted.

“Despite the increase of job opportunities, [the overall] employment rate decreased from 41.9 percent to 41.7 percent,” added the report.

According to HCP’s data, 57.9 percent of unemployed Moroccans have never worked, and two-thirds of the unemployed have been jobless for one year more.

The report pointed out that 30.4 percent of the unemployed previously had jobs. Some had been fired (24.3 percent), and others lost their jobs when their company closed (6.1 percent).

Compared to 2017, HCP stressed that there were 48,000 fewer jobless people in 2018 for 1,168,000 total.

The national unemployment rate decreased from 10.2 percent in 2017 to 9.8 percent in 2018.

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