South Africas Unemployment Rate 2025
South Africas Unemployment Rate 2025. Rate Cuts 2024 South African Economy Addy Lizzie 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. 2025 Employment Forecast in South Africa and Key Skills Needed
Take-profit.org provides data on the percentage of employed people in the South African labour market. 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
Unemployment Rate 2024 South Africa Tatum Gabriela
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 Take-profit.org provides data on the percentage of employed people in the South African labour market. 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.
Rate Cuts 2024 South African Economy Addy Lizzie. 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 refers to the share of the labor force that is without work but available for and seeking employment
South Africa’s unemployment rate is at a 13year high, most affecting women and the youth. South Africa's unemployment rate remains stubbornly high, with growth in the labour force outpacing growth of the economy The youth are not absorbed in the labor market South Africa has a large young population.As of 2021, of the almost 60 million South Africans, 26.7 million were aged 24 years and younger.