First Independent Mena Newspaper
Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2025, a modest but meaningful rebound driven by easing inflation, stabilizing currencies, and improving investment conditions, according to the World Bank’s latest Africa Pulse report released Tuesday (7 Oct). The forecast marks an upgrade from April’s 3.5% projection and reflects renewed optimism in key economies […]
Morocco’s unemployment rate declined marginally to 12.8% in the second quarter of 2025, down 0.3 percentage points from 13.1% in the same period last year, according to the High Commission for Planning (HCP). While the improvement breaks recent upward trends, it masks deepening structural vulnerabilities in the labor market, particularly affecting youth, women, and rural […]
Morocco’s prime minister Aziz Akhannouch defended his government’s job creation policy despite a surge in unemployment which he blamed on drought. Speaking to members of the Upper House, Akhannouch said the jobs lost in the agriculture sector were already unstable fragile jobs. The unemployment rate surged to 13.3% in 2024 from 13% a year earlier, […]
One in four Algerians remain unemployed in an economy undermined by over dependence on oil and gas revenues and bleak political prospects. Official data speak of an unemployment rate of 11.1% in March of 2018 but economists consider the scale of joblessness to be higher than that. Among the youth aged under 36, the unemployment […]
Morocco’s unemployment rate eased to 9.1% by June 2018, compared to 9.3 the same period last year, Morocco’s High Planning Commission (HCP) said. Between June 2017 and June 2018, the Moroccan economy created 117,000 jobs, 74,000 of them in cities and 42,000 in rural areas, while a year earlier it only created 74.000 jobs, HCP […]
Morocco’s unemployment rate fell to 10.5% in the first quarter of 2018 as Moroccan economy managed to create 116,000 jobs in a year. Last year, unemployment rate stood at 10.7%, the High Commission for Planning (HCP) said in its latest statistics. Services, agriculture and construction created 50,000, 43,000 and 32,000 jobs respectively. Manufacturing lost 9,000 […]
Morocco is set to reduce the unemployment rate to 8.5% by 2021 through the creation of 200,000 jobs annually, employment minister Mohamed Yatim promised Speaking at a conference in Rabat, Yatim said the government cooperates with stakeholders in the private sector to achieve that ambitious goal. The unemployment rate in Morocco has increased from 9.1% […]
The International Labor Organization has warned that unemployment rate in North African states has hit unsustainable levels standing at 28.8%, twice the global average, and called for concerted efforts to improve employment in the region. The warning came following a two-day high-level international conference in Geneva on “Youth and Employment in North Africa” with participants […]
Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the North African country. Economic growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent in 2015 to […]
Tunisian Prime Minister Essid appearing before the Parliament for a hearing over the social situation prevailing in the country called on all segments of Tunisia to support the government in finding solutions to unemployment, main reason of social riots that shook the country over the past two weeks. Habib Essid said that the issue of […]