Statistics According to South Africa, the country’s unemployment rate is currently 32.5%, the highest since the start of the 2008 quarterly labor force survey.
This is a record high, as the 30.8% percentage in the third quarter is also said to be the highest since 2008.
According to the results of the latest survey, the number of unemployed people in South Africa increased by 700,000 compared to the third quarter of 2020 to 7.2 million. This has increased the number of unemployed people in South Africa by 1 million (up 4.9%). Labor force.
Black and colored population groups in Africa remain vulnerable in the labor market, regardless of gender.
— Statistics SA (@StatsSA) February 23, 2021
The number of discouraged job seekers increased by 235,000 (8.7%), and the number of people who were not financially active for reasons other than disappointment decreased by 1.1 million (7.4%) in the second quarter, a net decrease. .. The population is not economically active, 890,000.
After 333,000 jobs were hired in the fourth quarter, there are now 15 million South Africans working.
Below is a report from SABC News on the increase in unemployment in South Africa.
SA unemployment jumps to 32.5%-SABC News
Source link SA unemployment jumps to 32.5%-SABC News