South Africa Jobless Rate Rises to 27.2% in Q2


The unemployment rate in South Africa increased to 27.2 percent in the second quarter of 2018 from 26.7 percent in the previous period. The number of unemployed rose by 103 thousand to 6.08 million while the number of employed fell by 90 thousand to 16.29 million.

The number of unemployed persons went up by 102 thousand to 6.08 million from 5.98 million in the first quarter of the year. Employment fell by 90 thousand to 16.29 million from 16.38 million in the previous period. Job losses ocurred in the informal sector (-73 thousand), formal (-35 thousand) and in agriculture (-3 thousand) while gains were recorded in private households (22 thousand).

The labour force grew by 12 thousand to 22.37 million from 22.35 million in the prior quarter and those detached from jumped by 141 thousand to 15.46 million from 15.32 million.

The expanded definition of unemployment, including people who have stopped looking for work, increased to 37.2 percent in the second quarter of 2018 from 36.7 percent in the first quarter.

A year earlier, the jobless rate was higher at 27.7 percent.

South Africa Jobless Rate Rises to 27.2% in Q2


Statistics South Africa | Stefanie Moya | stefanie.moya@tradingeconomics.com
7/31/2018 9:54:35 AM