Unemployment Statistics In South Africa 2024. South africa's unemployment rate rose for the second quarter in a row to 32.9% in the first three months of this year, data showed on tuesday, two weeks before. Between 2013 and 2023, south africa's unemployment figures soared from 4,649,000 to 7,339,000 individuals, marking a staggering increase of 2,690,000 unemployed people.
National government spending topped r2,04 trillion in the 2022/23 financial year, representing a rise of 6,1% from r1,92 trillion in 2021/22. According to stats sa, the official unemployment rate stands at 32.9 %, an increase of 0.8 of a percentage point in first quarter of 2024 (q1:
According To The Quarterly Labour Force Survey (Qlfs).
This represents the highest reading since.
Employment Rate In South Africa Averaged 42.23 Percent From 2000 Until 2024, Reaching An All Time High Of 46.17 Percent In The Fourth Quarter Of 2008 And A Record Low Of 35.93.
The unemployment rate among young females was estimated at 49,4% in 2024, marking a notable increase of 3,3 percentage points from 46,1% in 2004.
Unemployment Statistics In South Africa 2024 Images References :
Unemployment, Total (% Of Total Labor Force) (Modeled Ilo Estimate) In South Africa Was Reported At 27.99 % In 2023, According To The World Bank Collection Of Development.
This showed an increase by 0.8 of a percentage point from.
South Africa's Unemployment Rate Rose In The Fourth Quarter Of Last Year, Bucking A Trend Where Jobs Tend To Be Added Around The Holiday Season As A Labour.
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.
