فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
In light of the rising unemployment rates among youth and degree holders in Morocco, financial planning emerges as a crucial tool to cope with the consequences of job loss and ensure financial stability during difficult times.
Experts in economics and financial management emphasize that the lack of a financial planning culture among a large segment of the population exacerbates their vulnerability in the event of unemployment or income reduction. They call for increased awareness of the importance of rationally managing financial resources, especially during unstable periods.
According to data from the High Commission for Planning, the national unemployment rate reached 13.5% in the first quarter of 2025, compared to 12.9% in the same period of the previous year, with higher rates observed among youth, women, and university graduates.
In this context, financial expert, Professor Abdullah Benissa, stated, “Many Moroccan families suffer from a lack of financial reserves that would allow them to withstand the loss of a breadwinner’s job, which quickly turns unemployment into a severe social crisis.”
He added that financial planning requires setting up a precise budget that accounts for essential expenses while avoiding secondary or unnecessary spending. He also highlighted the importance of building an emergency fund during times of employment, which acts as a temporary safety net in case of income loss.
On the other hand, Professor Samia Aloui, an expert in family counseling, argued that “unemployment does not mean the end of the road; it can be an opportunity to rearrange priorities, develop skills, or even launch small businesses or pursue vocational training.” She emphasized that “mental balance during this phase is also linked to wise management of financial resources.”
Several civil society organizations focused on self-development and economic empowerment have called for training workshops aimed at unemployed individuals, to enhance their financial management skills and promote saving and cautious spending practices.
According to specialists, financial planning during unemployment is one of the key strategies to avoid falling into a cycle of debt and to ensure a decent life despite limited resources, until professional circumstances improve or reintegration into the labor market is achieved.
Source: Fes News Media
