Follow-up on Covid-19 Consequences on Egyptian Economy – Egyptian Labor Market

Publication Number: ECES-VOC#23
19-10-2020

General Introduction

The Egyptian Center for Economic Studies (ECES) has provided an impact assessment of Coronavirus pandemic on the various sectors of the Egyptian economy. The analysis was supported by multiple scenarios with expectations varied according to the performance of these sectors, in addition to indicators and situation prevailing at the time of building these scenarios.
Complementing on this effort, ECES is currently monitoring the performance of the sectors following their exposure to Covid-19 crisis in the real world respectively, in light of the relevant official data recently published by either the Central Agency for Public Mobilization and Statistics (CAPMAS), the Central Bank of Egypt, relevant ministries or any other concerned authorities. The analysis assesses available data and monitors the situation on the ground through four main aspects. First: Assessing published data and patterns of change on the ground; Second:Data consistency with previous trends and expectations in the studies of ECES and others, and reasons behind; Third: Future expectations; and Fourth: Recommendations to improve the performance of the sector whenever possible.
We begin in this report, by following up on the repercussions of the Covid-19 pandemic on the labor market on the ground, in light of the Quarterly Bulletin of the Labor Force Survey for the second quarter (April-June 2020), issued by CAPMAS.
This quarter represents the first period in which labor market following the pandemic have been monitored, and through which the real impact on Egyptian labor can be traced to a certain extent.