Rabat – The third quarterly Morocco Job Market Survey of 2019 reports optimism among Moroccans regarding the current and future state of the job market. The report is based on the Michael Page Job Confidence Index, a quarterly barometer that measures the perception of candidates about their job situation and the labor market.
The data is for the index is gleaned from voluntary Moroccan candidates who applied for a job or submitted their resume to Michael Page Morocco, which has an office in Casablanca. Of the 338 candidates, 96% are Moroccans while the remainder are expats living in Morocco.
The Casablanca office sources the best talent from local, regional, or international markets for mid to senior level management positions. The positions are all for organizations based in Morocco.
A pattern of optimism
According to the survey, 74% of the participants hold managerial or director level positions.
Meanwhile, 56% of respondents are optimistic about the current job market situation in Morocco, and 70% believe it will improve in the next six months.
Michael Page reports that 80% of respondents predict that they will develop their skills in the next 12 months, and 74% expect a promotion.
Two-thirds of respondents are confident that they can find a new job in less than three months. 40%, however, have been looking for a job for six months already.
Salary is the main factor in motivating people to look for a new job, according to the survey. People tend to seek out new jobs in their current industry or sector.
Other key aspects of job satisfaction are related to participants’ level of responsibility and job security.
Those looking for jobs often consult recruitment firms, professional networking platforms, personal networks, job boards, and company career websites.
A drop in the bucket
Michael Page is one of the world’s leading professional recruitment agencies. The agency conducts operations in the Americas, UK, Continental Europe, Asia-Pacific, and Africa.
The company specializes in placing candidates in permanent, contractual, temporary, and interim positions with clients around the world.
The Michael Page office in Casablanca collects data about perceptions of Morocco’s job market and publishes the results every fiscal quarter.
The quarterly job market survey does not claim to represent the perceptions of the majority of Moroccans. The Michael Page Job Confidence Index accounts for only a small sample of 326 Moroccans and 12 expats, most of whom hold managerial, executive, or directorial positions.
Unemployment persists throughout Morocco and the surrounding region and has been stagnant since 2014.
In July 2019, Morocco’s High Commission for Planning reported a 10% unemployment rate in the first fiscal quarter of 2019.