As with the unemployment rate, young people experience underemployment at far higher rates than older persons. In the last quarter of 2023, the unemployment rate in south africa increased to 32.1%, according to the latest stats sa figures.
This is an increase of 0.8 percentage points in the first quarter of 2024 (q1: South africa, like many countries globally, grapples with the challenge of youth unemployment.
This Is An Increase Of 0.8 Percentage Points In The First Quarter Of 2024 (Q1:
South africa's unemployment rate increased to 32.9% in q1 of 2024, the highest in a year, up from 32.1% in the prior period.
Unemployment Increased To 32.1% In The Fourth Quarter, Up From 31.9% In The Previous Quarter.
Stats sa released the quarterly labour force survey on tuesday.
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According To The Quarterly Labour Force.
South africa, like many countries globally, grapples with the challenge of youth unemployment.
As Of 2021, The Unemployment Rate Stood At Almost 34 Percent.
South africa’s unemployment rate decreased by 0,2 of a percentage point to 32,7% in q4:2022 compared to q3:2022.