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Labor Market: The Latest Figures from the HCP Illuminate Trends for 2025

Unemployment stands at 13.1% in Q3 2025 according to the HCP, but structural fragilities in the labor market remain significant.

Updated 28 October 2026 · 10:14

Automatically translated from French. Read the original ↗

Labor Market: The Latest Figures from the HCP Illuminate Trends for 2025

Updated figures that provide a better understanding of labor market dynamics
The publication from the High Commission for Planning for the third quarter of 2025 offers precise insights into the evolution of the labor market. This data comes amid a context marked by a gradual but still uncertain economic recovery. They show an overall improvement in the situation, while also revealing ongoing fragilities affecting certain segments of the population.

A declining but still high unemployment rate
The national unemployment rate stands at 13.1%. This change indicates a slight decrease compared to previous quarters. The total number of unemployed individuals reaches 1,629,000. Urban areas concentrate the majority of job seekers, confirming a dynamic where major cities struggle to absorb the continuous influx of new job seekers.

A net creation of paid jobs supporting the decline in unemployment
The economy created 220,000 paid jobs during the third quarter, which is a positive signal for the labor market. This growth is attributed to the recovery in certain sectors like services, manufacturing, and technology. Meanwhile, unpaid employment decreased by 54,000 positions, confirming a gradual transformation of the economy towards more structured activities.

Marked disparities particularly affecting youth and women
The situation remains critical for youth aged 15 to 24, whose unemployment rate is one of the highest in the country. Insertion difficulties are linked to both the low creation of skilled jobs and the mismatch between training and business needs.
Women also remain heavily disadvantaged, with a participation rate significantly lower than that of men. The labor market continues to reflect structural inequalities that are difficult to reduce despite ongoing reforms.

An evolving labor market that remains under pressure
The HCP highlights that the observed improvement partly relies on sectors sensitive to international economic fluctuations. The automotive industry, aerospace, and digital services are progressing, but construction, agriculture, and parts of commerce remain fragile and offer limited prospects.
The government is relying on public investment, industrial zones, and encouraging entrepreneurship to support employment. However, the impact of these policies is still partial and requires long-term monitoring.

A snapshot of Q3 2025 essential for anticipating the future
The figures from the third quarter allow for an assessment of the evolution of the labor market on the eve of 2026. They show a real but limited improvement, with an increase in paid employment and a decline in unemployment. Nonetheless, the challenges faced by youth, women, and urban areas remind us that transforming the Moroccan labor market remains a long-term challenge.

THE AUTHOR

Youssef Boulayoun ↗

CHRONEXIUM

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