Youth Unemployment Rate In South Africa 2025 Samuel F Watkins

Current Unemployment Rate South Africa 2025. South Africa's Unemployent South African Market Insights The 2025 State of the Nation Address (SONA) underscored South Africa's pressing labour market challenges, with unemployment remaining a top national concern The Quarterly Labour Force Survey (QLFS) reports an unemployment rate of 31,9% in Q4: 2024, reflecting the continued difficulty many South Africans face in securing jobs

South Africa's unemployment rate fell in the fourth quarter as finance and manufacturing added jobs. The Quarterly Labour Force Survey (QLFS) reports an unemployment rate of 31,9% in Q4: 2024, reflecting the continued difficulty many South Africans face in securing jobs

Youth Unemployment Rate In South Africa 2025 Samuel F Watkins

Unemployment Rate in South Africa decreased to 31.90 percent in the fourth quarter of 2024 from 32.10 percent in the third quarter of 2024 South Africa's unemployment rate remains stubbornly high, with growth in the labour force outpacing growth of the economy 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.

What Is The Current Unemployment Rate In South Africa. This is 0.2 of a percentage point lower than the 32.9% recorded in last year's third quarter South Africa's official unemployment rate declined slightly to 31.9 percent in the last three months of 2024, down from 32.1 percent in the previous quarter, according to the latest Quarterly Labour Force Survey released by Statistics South Africa on Tuesday.

Youth Unemployment Rate In South Africa 2025 Samuel F Watkins. Unemployment refers to the share of the labor force that is without work but available for and seeking employment The number of unemployed individuals fell by 354,000 to 8 million, while employment rose by 294,000 to an all-time high of 16.9 million