South Africas Unemployment Rate 2025

South Africas Unemployment Rate 2025. Rate Cuts 2024 South African Economy Addy Lizzie In Q3 2024, South Africa's unemployment rate decreased to 32.1%, down from 33.5% in Q2, marking a significant drop. 2025 Employment Forecast in South Africa and Key Skills Needed

South Africa's unemployment rate remains stubbornly high, with growth in the labour force outpacing growth of the economy In Q3 2024, South Africa's unemployment rate decreased to 32.1%, down from 33.5% in Q2, marking a significant drop.

Unemployment South Africa 2024 Evanne Aundrea

South Africa's unemployment rate remains stubbornly high, with growth in the labour force outpacing growth of the economy The second quarterly decline in a row took unemployment to 31.9% in October-December , opens new tab from 32.1% in July-September, data from Statistics South Africa showed. Unemployment Rate in South Africa averaged 27.36 percent from 2000 until 2024, reaching an all time high of 35.30 percent in the fourth quarter of 2021 and a record low of 21.50 percent in the fourth quarter of 2008.

South Africa’s unemployment rate is at a 13year high, most affecting women and the youth. Impact on the SADC: South Africa's economic challenges, including high unemployment, have significant implications for. Take-profit.org provides data on the percentage of employed people in the South African labour market.

Rate Cuts 2024 South African Economy Addy Lizzie. Unemployment refers to the share of the labor force that is without work but available for and seeking employment Unemployment, total (% of total labor force) (modeled ILO estimate) in South Africa was reported at 32.1 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources.