Egypt

Government to pay monthly pension for unemployed citizens

Egypt’s Higher Administrative Court released on Tuesday a final verdict by which it obligated the Egyptian government to pay monthly pensions to unemployed citizens, as a social security measure.

According to state-run newspaper Al-Ahram, the court maintained that a monthly pension scheme for unemployed citizens is mentioned in the Egyptian constitution approved in 2014.

In May, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decline in the Egypt’s unemployment rate during the first quarter of 2017, which stood at 12 percent of the total labor force, compared to 12.4 percent in the previous quarter, and 12.7 percent in the first quarter of 2016.

The Labor Force Survey for the initial quarter of 2017 showed the workforce estimated at 29.149 million, with an increase of 79,000 (0.3 percent) compared to the previous quarter; and an increase of 710,000 workers (2.5 percent) compared to the same quarter of 2016.

The number of unemployed workers reached 3.503 million in the first quarter of 2017, equal to 12 percent of the total labor force.
This indicated a decrease of 88,000 unemployed citizens compared to the fourth quarter of 2016, and a decrease of 118,000 unemployed citizens compared to the same quarter of the previous year.

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