South Africa'S Unemployment Rate 2024

South Africa'S Unemployment Rate 2024. According to stats sa’s quarterly labour force survey, the official unemployment rate increased by 0.6 percentage points from 32.9% in q1 2024 to 33.5% in q2 2024. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

Analysts said the rise in the official unemployment rate to 32.1% (zaunr=eci) from 31.9% in the third quarter painted a dismal picture months before the country is due to hold national and. Likewise, the expanded unemployment rate now sits at 42.6% (q2 2024), which is an.