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English news

16-Aug-2016

Unemployment rate drops to 12.5% in 2Q16

The unemployment rate declined to 12.5% in 2Q16 from 12.7% in 1Q16 and 12.7% in 2Q15. The number of unemployed stood at 3.6 million in 2Q16, down 61,000 in 1Q16. The size of the workforce rose 2.9% Y-o-Y to 25 million. (CAPMAS)

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