Source: Xinhua
Editor: yan
Morocco’s unemployment rate dropped to 9.5 percent in 2018 from 10.2 percent in 2017, the official High Commission for Planning (HCP) said Thursday.
The HCP said it revised the unemployment rate in 2018 to 9.5 percent from 9.8 percent according to the new data published in the National Survey on Employment.
The unemployment rate stood at 13.8 percent in urban areas and 3.6 percent in rural areas in Morocco, the HCP added.
In July, the agency lowered its forecast for the North African country’s economic growth in 2019 to 2.7 percent from 2.9 percent.
