Morocco’s unemployment rate in 2024 rose to 13.3 per cent, showing a slight increase from 13 per cent in 2023, according to data released today by a government commission.
The Commission for Planning (HCP) said that the number of unemployed individuals increased by 58,000 in 2024 to reach 1,638,000 nationwide.
The unemployment rate in urban areas remained high at 16.9 per cent, while it rose from 6.3 per cent to 6.8 per cent in rural areas, it added.
According to the commission, the youth unemployment rate stood at 36.7 per cent among those aged 15-24.
Despite these figures, Morocco’s labour market created 82,000 new jobs in 2024, the commission said.
It projected that the North African nation will achieve a 3.8 per cent GDP growth in 2025 due to expansion in the agricultural and non-agricultural sectors.