Egypt: Thousands of Migrants Return, an Unprecedented Unemployment Crisis Awaits Egypt

Egyptian authorities and various followers of economic and social affairs are following with great concern the return of thousands of Egyptian migrant workers, especially from the Gulf countries, and its implications for unemployment rates in the country.

 

Amidst expectations that the unemployment rate will rise to 15 % by the end of 2020 due to the return of migrants to Egypt.

No Egyptian official party has discussed the problem of the additional economic and social burdens that this return may cause and the Egyptian government has not made any special preparations for it at this point.

 

The only indicator of unemployment rates during the COVID-19 Crisis remains the announcement by the Central Statistical Organization in Egypt that the unemployment rate will rise from 7.7% to 9.2% the total labor force during the period from the end of March to the end of April 2020, during the first quarter of 2020 of.

 

What confirms these indicators is the statement of the Egyptian Minister of Planning that 4.4 million people working in the formal and informal private sector have lost their jobs due to the repercussions of the Coronavirus pandemic crisis.

A recent study by the National Planning Institute (government) entitled “The effects of the Coronavirus crisis on the remittances of Egyptian workers abroad” expects that the labor market in Egypt will be exposed to pressures that may raise the unemployment rate to 15 % as labor recovers from the weakness of the structure of the labor market.

It is noteworthy that nearly six million Egyptians work in the Gulf countries, especially in Saudi Arabia, followed by Jordan, then the United Arab Emirates, and Kuwait.

 

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