The American Empire in a Changing World


Wednesday, August 15, 2012

''Egypt's unemployment rate hits record high in second quarter''

From Ahram Online

''The national unemployment rate rose to 12.6 per cent in the second quarter of 2012 up from 11.8 per cent for the same quarter last year, Egypt's official statistics agency CAPMAS reported on Tuesday.

According to CAPMAS, the total number of unemployed Egyptians currently stands at 3.395 million, more than a quarter of whom have recently lost their jobs.''

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