The unemployment rate in Morocco fell slightly to 12.1 percent in the first quarter of 2022 from 12.5 percent in the same period a year earlier, as the number of unemployed went down by 68 thousand to 1.466 million. Meanwhile, employment decreased by 58 thousand to 10.755 million and the labor force went down by 126 thousand to 12.163 million. Among sectors, jobs were shed in agriculture, forestry & fisheries (-183 thousand), but employment increased in services (+85 thousand), construction (+29 thousand), and industry including crafts (+13 thousand). The youth unemployment rate edged up to 33.4 percent from 32.5 percent a year earlier. source: Haut Commissariat au Plan
Unemployment Rate in Morocco averaged 10.54 percent from 1999 until 2022, reaching an all time high of 15.10 percent in the third quarter of 1999 and a record low of 7.80 percent in the second quarter of 2006. This page provides - Morocco Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Unemployment Rate in Morocco is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Unemployment Rate is projected to trend around 11.00 percent in 2023 and 10.00 percent in 2024, according to our econometric models.