Last year in Morocco, the service sector generated a total of 267,000 new jobs, including 223,000 in the urban area and 44,000 in the rural zone. According to the High Commissioner of Planning, this figure is 5.7% higher than the 142,000 jobs created in 2018, making the sector the largest job generator over the period.
In the construction segment, 24,000 new jobs were created (6,000 in the urban area and 18,000 in the rural area) while the industrial segment, including handicrafts, created 17,000 jobs including 4,000 in urban areas and 13,000 in rural areas.
Agriculture, forestry, and fisheries lost 146,000 jobs, down 3.9% compared to 2018. In this segment, 160,000 jobs were lost in rural areas whereas 14,000 were generated in urban areas.
In 2019, unemployment rate in Morocco stood at 9.2%, compared to 9.5% the previous year. The number of unemployed people in the country rose from 1,137,000 to 1,107,000 between 2018 and 2019
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
Kenya signs $311 million deal to build two high-voltage power lines Private partners finance, build, operate lines under 30-year concession New...
Orezone produces first gold at new Bomboré plant on December 15 $80 million facility targets 45% output increase by 2026 Bomboré production forecast...
Government reviews higher education reforms at 2025 conference Authorities push for more professional and market-driven training Youth...
Nairobi will host the summit in 2026, co-organized with Norway, the United States, and the IEA Event aims to speed up access to clean cooking for...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...
(FEZ–MEKNES REGION) - As AFCON 2025 approaches: the Fez-Meknes region is emerging as one of Morocco’s most strategic tourism hubs, offering strong...