Joblessness rates in Morocco increased by a slight 0.5 from 12.3% in the second quarter of 2020 to 12.8% in the same period of 2021, with the highest records bearing down on the southern region with a whopping 20.8%
A report by the High Commission for Planning showed urban areas standing at a to 18.2% rate of unemployment, while rural areas recovering from 7.2 % to 4.8 % in Q2 of 2021.
People aged between 15 to 24 years took the strongest hit with a 30.8% rate, followed by graduates at 20.4%, women at 15.9% and men at 11.9%.
The unemployment is concentrated in five regions Casablanca-Settat comes first with 27.3% of unemployed, followed by Fès-Meknes 12.9%, Rabat-Salé-Kénitra 12.3%, Tanger-Tétouan-Al Hoceima 9, 5% and the Oriental 9.4% according to the HCP.
After the South of the country, the eastern region lost 18.4% of jobs,followed by Casablanca-Settat at 16.1%, and Fez-Meknes at 14.8%.
A recent report by the Central Bank of Morocco said 432,000 jobs were lost in 2020.
The unemployment rates follow in on a shrinking economy trend driven by the COVID-19 pandemic. The overall economy shrank by 6.3% in 2020, the budget deficit reached 7.8% of GDP, while the debt-to-GDP ratio increased from 64.9% to 77.8% of GDP in 2020.
The Country began to roll out an economic recovery roadmap in July 2020, reforming State-Owned Enterprises and setting up institutional frameworks to roll out social welfare to populations that fell into poverty, including a universal access to public health services.
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