South Africas Unemployment Rate 2025
South Africas Unemployment Rate 2025. Unemployment Rate 2024 South Africa Tatum Gabriela 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. 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.
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. The pace of employment growth is expected to have slowed in 2024, with average growth for the first three quarters at 2%, compared with an average of 6.2% in 2023
Unemployment South Africa 2024 Evanne Aundrea
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. 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. In 2024, the unemployment rate in Southern Africa was 27.24 percent.
Unemployment Rate 2024 South Africa Tatum Gabriela. The pace of employment growth is expected to have slowed in 2024, with average growth for the first three quarters at 2%, compared with an average of 6.2% in 2023 In 2024, the unemployment rate in Southern Africa was 27.24 percent.
Rate Cuts 2024 South African Economy Addy Lizzie. South Africa's Improvement: Unemployment rate improved slightly to 31.9% in Q4 2024, with 7.991 million jobless individuals SADC Unemployment Trends: Was 27.24% in 2024, with projections indicating a rise to 27.62% by 2025, reflecting persistent challenges across the region 2025 Employment Forecast in South Africa and Key Skills Needed