In its report released today, Monday, November 4, 2024, the High Commission for Planning (HCP) shed light on recent developments in the Moroccan labor market, noting an increase in the national activity rate from 43.2% to 43.6% between the third quarter of 2023 and the same period this year.
The report indicates notable changes between rural and urban areas. The activity rate in rural areas decreased from 45.8% to 45.7%, while urban areas experienced an increase, rising from 41.9% to 42.5%.
Regarding the employment rate, it also increased nationally from 37.4% to 37.6%, despite a decline in rural areas from 42.6% to 42.3%. Conversely, the urban area witnessed a significant rise, with the rate climbing from 34.8% to 35.3%. For men, the employment rate remained stable at 60.7%, while for women, it increased from 14.8% to 15.2%.
The report revealed an increase in employment volume by 213,000 positions during the mentioned period, attributed to the creation of 231,000 positions in urban areas, while rural areas lost 17,000 positions. When analyzing the types of employment, it was found that 262,000 paid jobs were created, whereas unpaid employment decreased by 49,000 positions.
By sector, the “services” sector contributed significantly by creating 258,000 jobs, while the “construction and public works” sector added 57,000 positions. In contrast, the “agriculture, forestry, and fishing” sector saw a loss of 124,000 jobs.
On the unemployment front, the number of jobless individuals increased by 58,000, bringing the total to 1,683,000 unemployed, which raised the unemployment rate from 13.5% to 13.6%.
Notably, unemployment among youth aged 15 to 24 rose, highlighting the ongoing challenges faced by the labor market in Morocco, particularly for its most vulnerable groups.
source : fesnews media