The unemployment rate in Morocco rose to 12.8 percent in the second quarter of 2021 from 12.3 percent in the same period a year ago. It was the highest jobless rate since the last quarter of 2001, amid the lingering effects of a prolonged pandemic crisis. The number of unemployed went up by 128 thousand to 1.605 million, the employed increased by 405 thousand to 10.892 million and labour force rose by 533 thousand to 12.497 million. Among sectors, more jobs were shed in industry including handicrafts (-53 thousand), but employment increased in agriculture (+318 thousand), construction (+108 thousand) and services (+40 thousand). The youth unemployment rate went down to 30.8 percent from 33.4 percent a year ago. source: Haut Commissariat au Plan
Unemployment Rate in Morocco averaged 10.49 percent from 1999 until 2021, 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 September of 2021.
Unemployment Rate in Morocco is expected to be 13.00 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 11.50 percent in 2022 and 10.00 percent in 2023, according to our econometric models.