Unemployment Rate 2024 South Africa

Unemployment Rate 2024 South Africa. South africa’s unemployment rate rose in the fourth quarter as the social services and agriculture sectors cut jobs. South africa, like many countries globally, grapples with the challenge of youth unemployment.

This week, statisticssa said the official unemployment rate rose to 33.5% in the second quarter of 2024, up from 32.9% in the first quarter, as more than 92 000 jobs were lost in the three months. South africa’s unemployment rate in 2019 varied significantly based on the criteria used, demonstrating the impact of definitional differences.