FX.co ★ Egypt Jobless Rate Hits Record Low

Egypt’s unemployment rate fell to 5.8% in Q2 2026 from 6% in the previous quarter, marking a new record low. The labor force expanded by 0.6% to approximately 35.64 million people, as the number of unemployed declined by 2.4% to about 2.08 million, and employment rose by 0.8% to a record high of 33.6 million. These trends point to an improved capacity of the economy to absorb new entrants to the labor market, despite ongoing gender gaps in labor force participation. The unemployment rate among men decreased to 3.4% from 3.6%, while the rate for women remained elevated at 14.4%. By sector, agriculture and fishing accounted for the largest share of employment at 18.6%, followed by wholesale and retail trade (17.2%), manufacturing (13.5%), construction (11.8%), and transportation and storage (9.3%).