Public Management

Morocco: Service sector generated most jobs in 2019

Morocco: Service sector generated most jobs in 2019
Tuesday, 25 February 2020 14:39

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Ecobank Nigeria repaid about $245 million, or more than 80%, of its $300 million Eurobond due in February 2026. The early repayment reduced...
Development Partners International sold its 20.17% stake in Atlantic Business International for more than $200 million. The transaction valued...
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
03

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
04

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
05

Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...

Heirs Holdings Push Oil Equity Production to 50,000 Barrels Per Day Following $496 Million Share Acquisition in SEPLAT
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.