Jobless rate unchanged at 29.1% in the fourth quarter. Looking ahead, South Africa’s Unemployment Rate is projected to stand at 34.111 % in Dec 2021. There were 10 234 000 people employed in SA’s non-agricultural sector in December 2019, and 10 231 000 in March 2020. The data reached an all-time high of 30.10 % in Mar 2020 and a record low of 21.50 % in Dec 2008. OECD unemployment rate up sharply in March 2020 with data for April pointing to an unprecedented rise Download the entire news release (graphs and tables included PDF) 13/05/2020 - The OECD unemployment rate rose to 5.6% in March 2020 (up from 5.2% in February 2020), reflecting the impact of the Covid-19 pandemic, while early data for April signal an unprecedented increase. The Trading Economics Application Programming Interface (API) provides direct access to our data.
The figures were worked out on the basis of a sample survey conducted by Stats SA. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
Looking ahead, South Africa’s Unemployment Rate is projected to stand at 34.111 % in Dec 2021. How these sectors have fared during the lockdown is being assessed.In all probability, employment would have come down in these sectors during the Covid-19 days, which may take time to assess. Prinesha Naidoo. South Africa’s Unemployment Rate is forecasted to be 35.313 % in Dec 2020 as reported by International Monetary Fund.
The unemployment rate was at a staggering 29% even before the virus hit, and the jobless rate could rise to 50%, according to the Chamber of Commerce.
The total employment in SA’s non-agricultural formal sector fell by 3 000 between December 2019 and March 2020. The most complete set of 5.5 million time series covering more than 200 economies, compiled from 1500 sources worldwide In South Africa, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. South Africa's Unemployment Rate is updated quarterly, available from Mar 2008 to Mar 2020, with an average rate of 25.20 %. Instant access to full history data in excel The number of unemployed rose by 78 thousand to 6.73 million while employment increased by 62 thousand to 16.38 million. 1980 - 2021 | Yearly | % | International Monetary Fund Developed By Rivulets. Reference
South Africa's unemployment rate held steady at 29.1 percent in the fourth quarter of 2019, unchanged from the previous month's 11-year high, as the number of unemployed people dropped only by 8 thousand to 6.7 million.
All Rights Reserved. The jobless rate could average 34.2% this year and climb to 35% in 2021, according to a Bloomberg survey.
Instant access to full history data in excel There is no data available for your selected dates.There is no data available for your selected dates. It records a decrease from the last reported number of 28.700 % in Dec 2019. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. , February 11, 2020, 1:35 AM PST. Youth Unemployment Rate in South Africa averaged 53.06 percent from 2013 until 2020, reaching an all time high of 59 percent in the first quarter of 2020 and a record low of 48.80 percent in the fourth quarter of 2014. By. © 2019.
While the labour force survey gives SA's official unemployment rate, the QES gives a snapshot of total non-agricultural formal sector employment. Employment increased by 45 thousand to 16.42 million from 16.38 million in the prior period, likely influenced by the festive season. The Trading Economics Application Programming Interface (API) provides direct access to our data. South Africa youth unemployment rate for 2019 was 55.97%, a 2.18% increase from 2018.; South Africa youth unemployment rate for 2018 was 53.79%, a 0.17% increase from 2017.; South Africa youth unemployment rate for 2017 was 53.62%, a 0.04% decline from 2016.