Employment: Positive Indicators
10 August 2012
Read by 1487 persons
A report from the High Planning Commission, published August 1st, clearly states that Morocco's job market is significantly improving.
This progress is shown by a decrease in unemployment and an increase in jobs.
The study, covering the second quarter of 2012 compared to 2011 figures, reveals the creation of 112,000 jobs during this period.
Urban job creation is three times higher than in rural areas: 164,000 jobs in urban areas versus 52,000 in rural areas.
The services sector and construction are the main sectors with job creation, with 110,000 (+2.7%) and 34,000 (+0.2%) positions respectively.
In the services sector: retail and household repairs saw 48,000 new jobs, personal services 30,000, and education services 19,000.
The main job losses remain in land transport (-42,000 jobs) and hotels and restaurants (-13,000 jobs).
Construction, with 34,000 new jobs, shows a 3.4% increase. The agriculture, forestry, and fishing sector saw a 0.2% increase with 9,000 new jobs.
However, unemployment persists and unequally affects the workforce, despite a decline in the last quarter.
Place of residence is a determining factor. Indeed, the unemployment rate fell from 13.5% to 12.3% in urban areas and from 3.6% to 3.5% in rural areas.
Nationally, unemployment fell by 0.6 percentage points. It was 8.7% in the second quarter of 2011 compared to 8.1% in 2012.
A decrease of 66,000 unemployed people is noted: 57,000 in urban areas and nearly 9,000 in rural areas.
The most significant decreases in unemployment are in urban areas, particularly for women (-1.9 percentage points) and adults aged 35-44 (-1.6 percentage points).
According to HCP statistics, 80% of the unemployed are city dwellers, 68.9% are aged 15-29, 26.2% are higher education graduates, 55% are first-time job seekers, and 67.1% have been unemployed for over a year.
25% of unemployed people are due to business closures or layoffs. 21.4% is due to obtaining a diploma, and 18.2% is due to stopping studies without obtaining a diploma.
In short, the employment situation in Morocco is significantly improving compared to 2011 and may indicate a gradual recovery of national economic activity.
Sofia Fahli.
Int.ma
Published August 8, 2012.
Posted online August 10, 2012.
This progress is shown by a decrease in unemployment and an increase in jobs.
The study, covering the second quarter of 2012 compared to 2011 figures, reveals the creation of 112,000 jobs during this period.
Urban job creation is three times higher than in rural areas: 164,000 jobs in urban areas versus 52,000 in rural areas.
The services sector and construction are the main sectors with job creation, with 110,000 (+2.7%) and 34,000 (+0.2%) positions respectively.
In the services sector: retail and household repairs saw 48,000 new jobs, personal services 30,000, and education services 19,000.
The main job losses remain in land transport (-42,000 jobs) and hotels and restaurants (-13,000 jobs).
Construction, with 34,000 new jobs, shows a 3.4% increase. The agriculture, forestry, and fishing sector saw a 0.2% increase with 9,000 new jobs.
However, unemployment persists and unequally affects the workforce, despite a decline in the last quarter.
Place of residence is a determining factor. Indeed, the unemployment rate fell from 13.5% to 12.3% in urban areas and from 3.6% to 3.5% in rural areas.
Nationally, unemployment fell by 0.6 percentage points. It was 8.7% in the second quarter of 2011 compared to 8.1% in 2012.
A decrease of 66,000 unemployed people is noted: 57,000 in urban areas and nearly 9,000 in rural areas.
The most significant decreases in unemployment are in urban areas, particularly for women (-1.9 percentage points) and adults aged 35-44 (-1.6 percentage points).
According to HCP statistics, 80% of the unemployed are city dwellers, 68.9% are aged 15-29, 26.2% are higher education graduates, 55% are first-time job seekers, and 67.1% have been unemployed for over a year.
25% of unemployed people are due to business closures or layoffs. 21.4% is due to obtaining a diploma, and 18.2% is due to stopping studies without obtaining a diploma.
In short, the employment situation in Morocco is significantly improving compared to 2011 and may indicate a gradual recovery of national economic activity.
Sofia Fahli.
Int.ma
Published August 8, 2012.
Posted online August 10, 2012.
