Morocco

Main macroeconomic indicators in Morocco (notably economic growth, inflation) are expected to remain appropriate in the short-medium term. Despite negative impacts in the economy due to developments in the Eurozone, in particular sovereign debt crises in Spain and Italy, among other countries, economic growth in Morocco has been positive averaging 4.3 percent per year between years 2010 and 2013. Morocco has displayed important progress in the Bank’s twin objectives of reducing poverty and promoting shared prosperity. Inequality and vulnerability remain important challenges. Despite some notable progress on key human development indicators, Morocco still lags behind in health and education achievements. One of the key challenges for Morocco is that economic growth has not achieved enough employment growth to the needs of a saturated labor market. To achieve faster economic growth, Morocco will need a structural transformation of its economy, with a focus on broadening economic opportunities. Low employment rates in Morocco are largely explained by very low rates of participation of women in the labor force. Most employment creation in Morocco happens in the services and construction sectors, while the agriculture and manufacturing sectors (as these sectors become more productive and substitute labor by capital) actually suffer from net job destruction of approximately 35 thousand jobs per year.

Bibliographic Details

Main Authors:	El Kadiri, Fatima, Angel-Urdinola, Diego F., Pallares-Miralles, Montserrat
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2015-05-26
Subjects:	JOBS, EMPLOYMENT, LABOR MARKET INFORMATION SYSTEMS, DEADWEIGHT LOSS, UNEMPLOYMENT RATES, SALARIED WORKERS, SEVERANCE PAYMENTS, LOCAL INFRASTRUCTURE, SKILLED WORKERS, RETIREMENT, INFORMAL SECTOR, TRAINING PROVIDERS, WORKFORCE DEVELOPMENT, MINIMUM WAGE, EMPLOYMENT OPPORTUNITIES, PROGRAM DESIGN, AGE GROUP, ECONOMIC VULNERABILITY, LABOR FORCE, ECONOMIC NEEDS, HEALTH INSURANCE, JOBS CREATION, PUBLIC SERVICES, UNEMPLOYED POPULATION, JOB, SERVANTS, WAGE LEVEL, EMPLOYMENT RATES, EMPLOYMENT PROGRAMS, TRAINING PROGRAMS, LABOR FORCE PARTICIPATION, PRIVATE TRAINING, FIRING COST, LABOR MARKET POLICIES, EARLY RETIREMENT, WAGE GROWTH, TRAINING CENTERS, ACTIVE LABOR, LIFE EXPECTANCY, DRIVERS, JOB SEEKERS, WAGE SUBSIDY PROGRAM, HUMAN RESOURCE, LABOR MARKET, TOTAL FACTOR PRODUCTIVITY, EXOGENOUS SHOCKS, LABOR COSTS, INFORMAL ECONOMY, EMPLOYMENT POLICIES, PRIVATE SECTOR WORKERS, WORKER, CRAFTSMEN, PUBLIC SECTOR EMPLOYEES, ACTIVE LABOR MARKET, UNEMPLOYED YOUTH, UNEMPLOYED, SERVICE PROVIDER, DEADWEIGHT, UNEMPLOYMENT INSURANCE, LABOR, PRIMARY SCHOOL, JOB SEARCH, LABOR REGULATION, PUBLIC WORKS PROGRAM, LONG-TERM UNEMPLOYMENT, CARPENTERS, LABOR MARKET INTERMEDIATION, JOBLESS GROWTH, MINIMUM WAGES, ACTIVE LABOR MARKET POLICIES, UNEMPLOYMENT, EMPLOYMENT PROGRAM, AVERAGE WAGES, LABOR COST, HUMAN CAPITAL, TRAINING SYSTEM, VOCATIONAL TRAINING, WORKERS, LABOR MARKET PROGRAMS, UNEMPLOYMENT RATE, ACTIVE LABOR MARKET PROGRAMS, DEBT CRISES, AVERAGE WAGE, CONTRIBUTION RATE, NET EMPLOYMENT, STATE-OWNED ENTERPRISES, LIFE EXPECTANCIES, DISADVANTAGED YOUTH, SAFETY NET, EMPLOYMENT SERVICES, PROGRAM CONDITIONAL, DISADVANTAGED GROUPS, LABOR MARKET OUTCOMES, JOB CREATION, EMPLOYMENT GROWTH, PRIVATE SECTOR, TRAINING CENTER, LABOR MOBILITY, PUBLIC WORKS, COLLECTIVE BARGAINING, PAYROLL TAXES, REASONABLE ASSUMPTIONS, WAGE POLICY, SKILLED LABOR, MANAGEMENT, JOB SEARCH PROCESS, LABOR ORGANIZATION, TRAINING POLICIES, JOB DESTRUCTION, DISMISSAL, EMPLOYABILITY, HUMAN RESOURCES, JOB PLACEMENT, EMPLOYEE, HOUSEHOLD CONSUMPTION, LABOR INTENSITY, INFORMAL EMPLOYMENT, UNEMPLOYMENT LEVEL, JOB SKILLS, EDUCATIONAL LEVELS, PRIMARY EDUCATION, UNEMPLOYED JOB SEEKERS, PRIVATE COMPANIES, PRODUCTIVITY GAINS, YOUTH UNEMPLOYMENT, LABOR MARKETS, TEMPORARY EMPLOYMENT, ECONOMIC SHOCKS, LOW EMPLOYMENT, PUBLIC SECTOR WORKERS, WAGE SUBSIDY, LABOR REGULATIONS, LABOR MARKET INFORMATION, TRAINING SERVICES, EMPLOYEES,
Online Access:	http://documents.worldbank.org/curated/en/2016/02/25870219/morocco-social-protection-labor-diagnostic https://hdl.handle.net/10986/23817
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