What is the unemployment rate in south africa

At 36.1 per cent South Africa's unemployment rate amongst the youth (15 to 34 years) is significantly higher compared to that of those aged 35-64 years. This is a list of countries by unemployment rate. Methods of calculation and presentation of South Africa, 29.1, 2019 (Q4) "No, Kenya's unemployment rate is not 39.1%", Africa Check, 7 June 2018, retrieved 3 December 2018; ^ " Labour 

When there is a high employment rate among the people of a nation, it promotes a spirit of dignity, achievement, independence, and innovation – it isn’t only about making or earning a form of income. In contrast to employment, unemployment in South Africa is associated with social troubles such as poverty, Youth Unemployment Rate in South Africa increased to 56.40 percent in the second quarter of 2019 from 55.20 percent in the first quarter of 2019. Youth Unemployment Rate in South Africa averaged 52.43 percent from 2013 until 2019, reaching an all time high of 56.40 percent in the second quarter South Africa’s unemployment rate is high for both youth and adults; however, the unemployment rate among young people aged 15–34 was 38,2%, implying that more than one in every three young people in the labour force did not have a job in the first quarter of 2018. Unemployment Rate for South Africa from Statistics South Africa (Statistics SA) for the Quarterly Labour Force Survey (QLFS) release. This page provides forecast and historical data, charts, statistics, news and updates for South Africa Unemployment Rate. In 2018, unemployment rate for South Africa was 27.1 %. Though South Africa unemployment rate fluctuated substantially in recent years, it tended to increase through 1999 - 2018 period ending at 27.1 % in 2018. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition.

7 Dec 2019 Facts and statistics about the Unemployment rate of South Africa. Updated as of 2019.

The recorded unemployment rate would have grown much faster if not for the massive growth in the informal sector. There is some debate as to whether the pace  The unemployment rate in South Africa is one of the highest in the world, 36% to Moreover, the unemployment rates for different groups reveal great disparity  2 Jun 2017 The unemployment figures are the latest devastating statistics. South Africa's expanded unemployment rate is even worse. Q1 2016 Q2 2016  South Africa since the end of apartheid, unemployment remains high and poses a significant social and economic policy challenge. In 2004, the official rate of 

South Africa’s unemployment rate is relentlessly climbing, a trend that shows no sign of abating. Statistics South Africa, a government agency, said on Nov. 22 that the country’s unemployment

30 Jul 2019 South Africa's unemployment rate jumped to its highest since the global financial crisis more than a decade ago, data showed on Tuesday,  29 Oct 2019 Adding the discouraged workers to the official number of people unemployment suggests that 9.527 million people in South Africa are effectively 

South Africa: Unemployment rate by sex and age. Rate Rate Unemployment Unemployment years years less than 25 less than 25 Unemployment 

South Africa unemployment rate for 2015 was 25.16%, a 0.26% increase from 2014. Download Historical Data Save as Image. South Africa: Unemployment rate by sex and age. Rate Rate Unemployment Unemployment years years less than 25 less than 25 Unemployment 

21 Jan 2020 In late October, the Statistics South Africa's (Stats SA's) Quarterly Labour Force Survey (QLFS) for the third quarter showed that unemployment 

South Africa’s Unemployment Rate is forecasted to be 27.855 % in Dec 2019 as reported by International Monetary Fund - World Economic Outlook. It records an increase from the last reported number of 27.125 % in Dec 2018. Looking ahead, South Africa’s Unemployment Rate is projected to stand at 29.080 % in Dec 2024. The data is updated yearly and is categorized in CEIC under World Trend Plus What is the unemployment rate in South Africa? The World Bank estimated unemployment rates for all African upper middle-income states at about 27.7% in 2017. The percentage has been sharply rising recently. For instance, the rate stood at 25.9% in 2016, raising serious concerns on its mitigation. Statistics South Africa reported that South Africa's unemployment rate for the 3rd quarter of 2018 came in at 27.5% which is close to the all time record high unemployment rate of South Africa. Not good news for those writing matric exams or those looking to finish their studies at the end of this year. South Africa’s unemployment rate has again climbed in the third quarter of 2019, to 29.1% – its highest rate in over 16 years. The country’s unemployment rate last reached 28% in 2003. South Africa’s unemployment rate is one of the highest in the world. It is consistently measured above 20%. This is a national crisis that feeds two of the country’s other big socio-economic challenges: poverty and inequality. South Africa’s unemployment rate is relentlessly climbing, a trend that shows no sign of abating. Statistics South Africa, a government agency, said on Nov. 22 that the country’s unemployment Youth graduate unemployment rate increases in Q1: 2019. The youth aged 15–24 years are the most vulnerable in the South African labour market as the unemployment rate among this age group was 55,2% in the 1 st quarter of 2019. Among graduates in this age group, the unemployment rate was 31,0% during this period compared to 19,5% in the 4 th quarter of 2018 – an increase of 11,4 percentage

South Africa’s unemployment rate is one of the highest in the world. It is consistently measured above 20%. By the official count, 6.7-million people are unemployed in South Africa, which is 29% of everybody who could be working. By the expanded definition, more than 10 million people are unemployed, or 38.5% of people who could be working. And for the third quarter in a row it is holding out at historically high levels. For a third quarter in a row South Africa's official unemployment rate is sitting at 27.7%. When looking at the expanded definition of unemployment (where those who are unemployed and have given up finding jobs), South Africa's unemployment rate is actually at 36.8%. South Africa’s unemployment rate increased by 0,1 of a percentage point to 29,1% in Q3 of 2019. According to the Quarterly Labour Force Survey (QLFS) released by Statistics South Africa, this is the highest unemployment rate since Stats SA started measuring unemployment using the QLFS in 2008. When there is a high employment rate among the people of a nation, it promotes a spirit of dignity, achievement, independence, and innovation – it isn’t only about making or earning a form of income. In contrast to employment, unemployment in South Africa is associated with social troubles such as poverty,