Job Market: Services and Construction Save Jobs
10 August 2014
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Between the second quarter of 2013 and the same period in 2014, the Moroccan economy created 39,000 jobs thanks to the good performance of the services and construction sectors. In contrast, between the two periods, the number of unemployed in Morocco increased by 65,000 people. The unemployment rate thus increased by 0.5 points, from 8.8% to 9.3%.
The High Commission for Planning (HCP) has just published an economic report on the labor market. It shows that the active population aged 15 and over reached 12,005,000 people during the second quarter of 2014, an increase of 0.9% compared to the second quarter of 2013 (+1.1% in urban areas and +0.7% in rural areas). The activity rate decreased by 0.3 points, from 49.2% in the second quarter of 2013 to 48.9% in the same quarter of 2014. In this context, 28,000 paid jobs were created during the period, the result of the creation of 55,000 jobs in urban areas and a loss of 27,000 in rural areas. Unpaid employment, mainly consisting of family helpers, decreased by 27,000 jobs in urban areas and increased by 38,000 jobs in rural areas, for a total of 11,000 jobs created. Consequently, the Moroccan economy saw the net creation of 39,000 jobs, 28,000 in urban areas and 11,000 in rural areas. The overall volume of employment thus increased from 10,852,000 to 10,891,000 between the two periods. The employment rate, meanwhile, fell by 0.5 points nationally, from 44.9% to 44.4%. It fell by 0.5 points in urban areas (from 37.3% to 36.8%) and by 0.3 points in rural areas (from 56.4% to 56.1%).
Thus, at the national level, the "services" sector created 43,000 jobs, which corresponds to a 1% increase in the sector's employment volume, compared to an average annual creation of 80,000 jobs during the 2011-2013 period. These new jobs are due to the creation of 23,000 jobs by the "retail trade and repair of household goods" branch and 19,000 by the "personal services" branch. For its part, the construction sector saw the creation of 14,000 jobs, representing a 1.4% increase in the sector's employment volume, compared to an average annual loss of 23,000 jobs during the 2011-2013 period. On the other hand, the "industry" sector, which also includes crafts, lost 11,000 jobs, corresponding to a 1% decrease in the sector's employment volume, compared to an average annual loss of 22,000 jobs over the last three years. Similarly, "agriculture, forestry and fishing" saw a loss of 7,000 jobs, corresponding to a 0.1% decrease in the sector's employment volume, which is in line with the downward trend it experienced during the 2010-2012 period (-52,000 jobs as an annual average) and this after the creation of 137,000 jobs last year.
Unemployment rises to 9.3%
The active population unemployed increased by 6.2% nationally, from 1,049,000 in the second quarter of 2013 to 1,114,000 unemployed in the same quarter of 2014, which corresponds to 65,000 new unemployed, 39,000 in urban areas and 26,000 in rural areas. Consequently, the unemployment rate rose from 8.8% to 9.3% between the two periods. It rose from 13.8% to 14.2% in urban areas and from 3.2% to 3.6% in rural areas. Furthermore, unemployment remains high among certain categories of the population, particularly graduates and young people aged 15 to 24. Indeed, while the unemployment rate for non-graduates is only 4.1%, it remains high among graduates: at the intermediate level with 15.5%, especially those with professional qualifications (20.9%), at the higher level with 20.3%, particularly university graduates (22.5%), while for young urban dwellers aged 15 to 24, it is 35.2% for men and 40% for women.
Tarik Hari.
Leseco.ma
Published August 6, 2014.
Posted online August 10, 2014.
The High Commission for Planning (HCP) has just published an economic report on the labor market. It shows that the active population aged 15 and over reached 12,005,000 people during the second quarter of 2014, an increase of 0.9% compared to the second quarter of 2013 (+1.1% in urban areas and +0.7% in rural areas). The activity rate decreased by 0.3 points, from 49.2% in the second quarter of 2013 to 48.9% in the same quarter of 2014. In this context, 28,000 paid jobs were created during the period, the result of the creation of 55,000 jobs in urban areas and a loss of 27,000 in rural areas. Unpaid employment, mainly consisting of family helpers, decreased by 27,000 jobs in urban areas and increased by 38,000 jobs in rural areas, for a total of 11,000 jobs created. Consequently, the Moroccan economy saw the net creation of 39,000 jobs, 28,000 in urban areas and 11,000 in rural areas. The overall volume of employment thus increased from 10,852,000 to 10,891,000 between the two periods. The employment rate, meanwhile, fell by 0.5 points nationally, from 44.9% to 44.4%. It fell by 0.5 points in urban areas (from 37.3% to 36.8%) and by 0.3 points in rural areas (from 56.4% to 56.1%).
Thus, at the national level, the "services" sector created 43,000 jobs, which corresponds to a 1% increase in the sector's employment volume, compared to an average annual creation of 80,000 jobs during the 2011-2013 period. These new jobs are due to the creation of 23,000 jobs by the "retail trade and repair of household goods" branch and 19,000 by the "personal services" branch. For its part, the construction sector saw the creation of 14,000 jobs, representing a 1.4% increase in the sector's employment volume, compared to an average annual loss of 23,000 jobs during the 2011-2013 period. On the other hand, the "industry" sector, which also includes crafts, lost 11,000 jobs, corresponding to a 1% decrease in the sector's employment volume, compared to an average annual loss of 22,000 jobs over the last three years. Similarly, "agriculture, forestry and fishing" saw a loss of 7,000 jobs, corresponding to a 0.1% decrease in the sector's employment volume, which is in line with the downward trend it experienced during the 2010-2012 period (-52,000 jobs as an annual average) and this after the creation of 137,000 jobs last year.
Unemployment rises to 9.3%
The active population unemployed increased by 6.2% nationally, from 1,049,000 in the second quarter of 2013 to 1,114,000 unemployed in the same quarter of 2014, which corresponds to 65,000 new unemployed, 39,000 in urban areas and 26,000 in rural areas. Consequently, the unemployment rate rose from 8.8% to 9.3% between the two periods. It rose from 13.8% to 14.2% in urban areas and from 3.2% to 3.6% in rural areas. Furthermore, unemployment remains high among certain categories of the population, particularly graduates and young people aged 15 to 24. Indeed, while the unemployment rate for non-graduates is only 4.1%, it remains high among graduates: at the intermediate level with 15.5%, especially those with professional qualifications (20.9%), at the higher level with 20.3%, particularly university graduates (22.5%), while for young urban dwellers aged 15 to 24, it is 35.2% for men and 40% for women.
Tarik Hari.
Leseco.ma
Published August 6, 2014.
Posted online August 10, 2014.
