February 6, 2019 / 11:39 AM / 11 days ago

Egypt unemployment drops to 8.9 pct in Q4 2018 - prime minister

CAIRO, Feb 6 (Reuters) - Egypt’s unemployment rate fell to 8.9 percent in the fourth quarter of 2018 from 10 percent in the previous quarter, the prime minister’s office said in a statement.

Unemployment in the full year 2018 was at 9.9 percent, the statement said. It stood at 11.3 percent in the fourth quarter of 2017.

Reporting by Momen Saeed Attallahl; Writing by Yousef Saba

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