Moroccos Unemployment Rate Up in Third Quarter of 2015

admin zuocuueupbyr , , , , ,

Rabat – Morocco’s unemployment rate reached 10.1 percent in the third quarter of 2015, an increase of 0.5 percent compared to the same period in 2014, according to a report on the 3Q 2015 results for the labor market issued by the Haut Commissariat au Plan (HCP).The number of unemployed people in the labor force grew by 5.8 percent, increasing from 1,140,000   people registered as unemployed in 2014 to 1,206,000 jobless in the same period in 2015, according to HCP.The unemployment rate in urban areas rose from 14.5 percent to 15.1 percent, and in rural areas from 4.1 percent to 4.3percent.Unemployment is acute for young people holding diplomas and those aged between 15 and 24 years old (collectively, 21.4 percent), and for those living in the countryside (39.3 percent).  The highest unemployment rates were reported among diploma holders (up 1.2 points) and young people aged between 15 and 24 years old (up 0 .8 point), underlined HCP. The unemployed labor force also includes discouraged workers of legal employment age who are not actively seeking employment or who did not find employment after long-term unemployment. In the 2015 third quarter results, those unemployed persons accounted for 79,000 of the unemployed, or 6.6 percent of the total compared to 5.4 percent last year, according to the same source.Edited by Elisabeth Myers© Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributed without permission

You May Also Like..

Mumias Sugar Company Limited (MSC.ke) 2016 Abridged Report

first_imgMumias Sugar Company Limited (MSC.ke) listed on the Nairobi Securities Exchange under the Food sector has released it’s 2016 abridged results.For more information about Mumias Sugar Company Limited (MSC.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Mumias Sugar Company Limited (MSC.ke) company page on AfricanFinancials.Document: Mumias Sugar Company Limited (MSC.ke)  2016 abridged results.Company ProfileMumias Sugar Company Limited is the largest sugar manufacturer in Kenya producing about 250 000 metric tonnes (42%) of the estimated 600 000 metric tonnes of annual national output. Its own sugarcane plantations provide up to 7% of its annual output; its primary source of sugarcane is grown by outgrowers with some 400 square kilometers under cultivation Mumias Sugar Company co-generates over 30 megawatts of electricity which is used for its own operations and surplus is sold into the national electricity grid. Mumias Sugar Company also manufacturers about 24 million liters of ethanol annually and 20 million liters of distilled water. The company was founded in 1971 where the government of Kenya was a major shareholder. The initiative was implemented to provide a source of income for poor farmers in the Mumias district, create job opportunities and curb rural-urban migration. Mumias Sugar Company has reduced Kenya’s dependence on imported sugar products and created a self-sustaining sugar production enterprise where outgrower farmers reap the commercial benefits. Mumias Sugar Company Limited is listed on the Nairobi Securities Exchangelast_img

Julius Berger Nigeria Plc (JBERGE.ng) 2017 Abridged Report

first_imgJulius Berger Nigeria Plc (JBERGE.ng) listed on the Nigerian Stock Exchange under the Engineering sector has released it’s 2017 abridged results.For more information about Julius Berger Nigeria Plc (JBERGE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Julius Berger Nigeria Plc (JBERGE.ng) company page on AfricanFinancials.Document: Julius Berger Nigeria Plc (JBERGE.ng)  2017 abridged results.Company ProfileJulius Berger Nigeria Plc is a civil engineering and construction company in Nigeria. The company is involved in the planning, design and construction of major civil engineering and civil works which encompasses office and functional buildings, residential houses, sports and recreational facilities as well as infrastructure such as roads, bridges, railway lines, airports, dams and water supply schemes. Julius Berger Nigeria Plc has business interests in the plants and factories, oil and gas, marine, ports and shipping and power sectors. The company’s pioneer project was the construction of the Eko Bridge in Lagos in 1964. The company’s head office is in Abuja, Nigeria. Julius Berger Nigeria Plc is listed on the Nigerian Stock Exchangelast_img

Global Spectrum Energy Services Plc (GSPEC.ng) Q22020 Interim Report

first_imgGlobal Spectrum Energy Services Plc (GSPEC.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2020 interim results for the second quarter.For more information about Global Spectrum Energy Services Plc (GSPEC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Global Spectrum Energy Services Plc (GSPEC.ng) company page on AfricanFinancials.Document: Global Spectrum Energy Services Plc (GSPEC.ng)  2020 interim results for the second quarter.Company ProfileGlobal Spectrum Energy Services Plc is an integrated oil and gas offshore support vessel services company in Nigeria with business interests in the key oil and gas producing areas in West Africa. The company provides oilfield support services which include maritime security, maritime training, subsea construction, fleet operations, cable surveys, dam inspections and search and recovery. The operations of the marine services division and security systems division of Global Spectrum Energy Services concentrate on developing countries in West Africa such as Nigeria, Ghana, Equatorial Guinea and Cote d’Ivoire (Ivory Coast). Global Spectrum Energy Services Plc offers services for vessel design and manufactures and sells a range of maritime lubricants in Nigeria under the brand name Aegean Marine Petroleum. It is the leading global bunker physical supplier of marine petroleum and provides a full range of mineral and synthetic lubricants to all major and minor ports in the world. The company also serve as intermediaries and agents for organisations seeking partnerships in these regions. Its head office is in Lagos, Nigeria. Global Spectrum Energy Services Plc is listed on the Nigerian Stock Exchangelast_img

Leave a Reply

Your email address will not be published. Required fields are marked *