South Africa Jobless Rate Highest since 2003


The unemployment rate in South Africa increased to 29 percent in the second quarter of 2019 from 27.6 in the previous period. It was the highest jobless rate since the first quarter of 2003, as the number of unemployed rose by 455 thousand to 6.65 million and employment rose by 21 thousand to 16.31 million.

The number of unemployed advanced by 455 thousand to 6.65 million from 6.20 million in the first quarter of the year. Employment went up by 21 thousand to 16.31 million from 16.29 million in the prior period. Job losses were recorded in the formal sector (-49 thousand) and private households (-49 thousand) while gains ocurred in the informal sector (+114 thousand) and agriculture (+5 thousand).

The labour force also increased by 476 thousand to 22.97 miliion from 22.49 million in the previous quarter and those detached from it rose by 3 thousand to 15.47 million from 15.79 million.

The expanded definition of unemployment, including people who have stopped looking for work, went up to 38.54 percent in the second quarter of 2019 from 38 percent in the first quarter. 

By genders, the jobless rate advanced for both women (31.3 percent from 29.3 percent in Q1) and men (27.12 percent from 26.1 percent). Also, the youth unemployment rate continued to rise to 56.4 percent from 55.2 percent in the prior period.

A year earlier, the jobless rate was lower at 27.2 percent. 

South Africa Jobless Rate Highest since 2003


Statistics South Africa | Stefanie Moya | stefanie.moya@tradingeconomics.com
7/30/2019 10:18:21 AM