The unemployment rate in Morocco rose by two points in the first quarter of 2021 compared to the same period last year, from 10.5% to 12.5%, according to the High Commission for Planning (HCP) in an information note on the labor market situation in Q1-2021.
Urban households have a much higher income than rural households in Morocco. This is revealed by the latest survey by the High Commission for Planning (HCP) on "Household Incomes: Levels, Sources and Social Distribution".
In 2019, the annual remuneration of each household in Morocco was 91,933 dirhams, or 7,661 dirhams per month. This income differs from an urban household to a rural household.
While Moroccans reduce their working hours by nearly a quarter during the month of Ramadan, their consumer spending, regardless of social class, increases by 16.3% per household. This is revealed by a survey on time use in the Kingdom.
Moroccan society does not talk about it enough, but the violence suffered by men is reaching alarming proportions. More than 42% of men have suffered at least one act of violence in the last 12 months.
The consumer price index (CPI) experienced a slight increase in February 2021. This increase is 0.3% compared to the same period in 2020.
Morocco’s economic growth in 2021 is dependent on the successful rollout of the mass vaccination campaign against Covid-19, which should allow the country to reach herd immunity and lift the current restrictive measures. The expected economic recovery in the second half of the year could be delayed if this objective is not achieved.
As part of International Women’s Day celebrated on March 8th under the theme "Women’s Leadership: For an Equal Future in the World of Covid-19", the High Commission for Planning (HCP) published the results of a study on the situation of women in Morocco covering health, education-training, access to the labor market, time use, violence against women and standard of living. In this note made public, the HCP notes among other things that in 2020, several obstacles have marked the daily life of Moroccan women.
Value Added Tax (VAT) represents "the main tax component" that informal sector players fear the most. This is the result of a study carried out by the High Commission for Planning (HCP).
The worrying evolution of the informal sector in the Moroccan market is a concern for the High Commission for Planning (HCP), which presented on March 2 a study on the causes and consequences of this scourge plaguing the Moroccan economy. This survey by the institution reveals that the phenomenon is severely slowing down the country’s development.
During the lockdown, households headed by women had more difficulty accessing health services than those headed by men. This is what the report of the High Commission for Planning (HCP) indicated.
Cement sales are down. At the end of January, sales fell by 12.3% compared to last year, a loss of 1,037,005 tons. The construction sector seems to be bogged down, with a 10% drop recorded at the end of last year, compared to a 2.6% increase a year earlier.