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
32 Nigerian banks meet capital requirements ahead of March 31, 2026 deadline Banks raise 4.61 trillion naira, with 27% from foreign...
Visa says premium cards already widely adopted in Senegal Training aims to help banks better target and serve high-end clients Strategy focuses on...
71% of consumers say lending rates remain non-competitive across African markets. Over 54% of respondents cite a lack of transparency on interest...
Pilot to expand SME financing via crowdfunding Project introduces crowdlending, investing to address limited bank credit FOGEC to guarantee...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
03

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
04

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
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.