Egypt's youth unemployment rate rises

CNC
Added On September 17, 2013

Egypt's political instability has created a major employment problem, with 28.3 percent of the country's young workers unemployed.

There's nearly 20 million Egyptians, 23.6 percent of the population, aged between 18 and 29.

That's according to a Central Agency for Public Mobilization and Statistics (CAPMAS) report.

SOUNDBITE(Arabic): HAMDY AL-GAML, Journalist
"Eighty-eight percent of the unemployed are youth and university graduates. According to the report, 51 percent of the employed Egyptian youth suffer from poverty. The reason behind the problems that Egypt is facing and the reason behind the January 25 Revolution which was an American conspiracy as they used the unemployed Egyptian youth who took to Tahrir square is the unemployment and the unemployment is the reason also behind the recent revolution on June 30 beside the economy."

According to the CAPMAS report, the higher qualifications the young workers have, the more likely that they'll be out of work.

SOUNDBITE(Arabic): Egyptian
"Unemployment is a time bomb. Those who graduate from university and don't find a job can turn bad, even become criminals because there's a lot of pressures on them. The unemployment influences the society of course, thuggery spreads and a lot of other crimes because of the high unemployment."

Twenty-seven percent of the Egyptian youth are suffering from poverty, while 24.3 percent are approaching the poverty threshold.