Bloomberg News

Egypt Unemployment Rate Rose to 12.4% in 4th Quarter

By Abdel Latif Wahba
February 18, 2012

(Corrects period in headline.)

Feb. 18 (Bloomberg) -- Egypt’s unemployment rate rose to 12.4 percent in the fourth quarter of last year from 8.9 percent in the same period a year earlier, the government’s statistics office said today.

--Editor: Ben Holland

To contact the reporter on this story: Abdel Latif Wahba in Cairo at alatifwahba@bloomberg.net

To contact the editor responsible for this story: Ben Holland at bholland1@bloomberg.net

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