In Morocco, the job market has seen a slight improvement, allowing the creation of 642,000 new positions in various sectors, between the 3rd quarter of last year and the same period this year.
24.4% of Moroccan households expect a deterioration in their standard of living over the next 12 months, according to data revealed by the High Commission for Planning (HCP).
The Moroccan economy continues its recovery that has already begun in recent months. In the second half of this year, growth reached 15.2%. A considerable leap compared to the same period in 2020 according to HCP.
The consumer price index (CPI) recorded an increase of 0.8% in August 2021 compared to the same month last year, but stagnant compared to July.
The consumer price index (CPI) experienced an increase of 2.2% in July compared to the same month last year.
The High Commission for Planning (HCP) forecasts economic activity growth of 7.2% for the third quarter of 2021.
More than one refugee out of two, or 54.4%, is of Syrian origin, according to the High Commission for Planning (HCP) which conducted a survey on forced migration in Morocco in the first quarter.
The phenomenon of child labor in Morocco, although it has decreased by 26.5% compared to 2019, is still well established in rural areas, affecting 113,000 households in Morocco, of which 85,000 are concentrated in rural areas, reveals the High Commission for Planning in its 2020 national employment survey.
The ravages of the health crisis related to the coronavirus continue to disrupt the Moroccan labor market. However, the players are showing optimism that will lead to a new order.
Wages and agricultural income are the main sources of household income in the kingdom. But the wage differential contributes to over 40% of the overall income inequalities measured by the Gini index.
During the month of March 2021, the consumer price index (CPI) recorded an increase ranging from 0.3% to 0.5%. This increase was observed in the major cities of the Tanger-Tétouan-Al Hoceima region.
In Morocco, most households live with two or three, even four sources of income. This number is 2.7 in urban areas and 3.5 in rural areas.