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Egypt jobless rate up to 11.9 percent in first quarter

Egypt's unemployment rates soared to 11.9 percent during the first quarter of 2011 – an increase from 8.9 percent from late 2010, according to a government statistics agency.

Negative economic impacts from events that accompanied the 25 January revolution caused the increase, said Abu Bakr al-Gendi, director of the Central Agency for Public Mobilization and Statistics, at a news conference Wednesday.

The total of unemployed Egyptians increased from 799,000 to more than 2.1 million in the same period – an increase of 24.2 percent, Gendi said. Compared with the first quarter of 2010, the number increased by 21.6 percent.

Translated from the Arabic Edition

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