South Africas Unemployment Rate 2025
South Africas Unemployment Rate 2025. Rate Cuts 2024 South African Economy Addy Lizzie Take-profit.org provides data on the percentage of employed people in the South African labour market. 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 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. South Africa unemployment rate for 2023 was 27.99%, a 0.85% decline from 2022.; South Africa unemployment rate for 2022 was 28.84%, a 0.07% increase from 2021.; South Africa unemployment rate for 2021 was 28.77%, a 4.43% increase from 2020..
South Africa’s unemployment rate is at a 13year high, most affecting women and the youth
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. 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.
Unemployment South Africa 2024 Evanne Aundrea. 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 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.
Unemployment South Africa 2024 Evanne Aundrea. South Africa unemployment rate for 2023 was 27.99%, a 0.85% decline from 2022.; South Africa unemployment rate for 2022 was 28.84%, a 0.07% increase from 2021.; South Africa unemployment rate for 2021 was 28.77%, a 4.43% increase from 2020.. 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.