South Africa Jobless Rate Unchanged at 27.7% in Q2


South Africa's unemployment rate came in at 27.7 percent in the second quarter of 2017, unchanged from the previous period's 13-year high. The number of unemployed fell by 37 thousand to 6.18 million while the number of employed declined by 113 thousand to 16.10 million.

The number of unemployed persons decreased by 37 thousand to 6.18 million from 6.21 million in the first quarter. Employment dropped by 113 thousand to 16.10 million from 16.21 million in the previous period. Job losses occurred in the formal non-agricultural sector (-144 thousand), in agriculture (-40 thousand), and in private households (-8 thousand) but gains were recorded in the informal sector (80 thousand). 

The labour force declined by 150 thousand to 22.28 million from 22.43 million in Q1; and those detached from it rose by 306 thousand to 14.94 million from 14.63 million.

The expanded definition of unemployment, which includes people who have stopped looking for work, rose slightly to 36.6 percent in the second quarter, from 36.4 percent in the previous period.

A year earlier, the jobless rate was recorded at at 26.6 percent. 

South Africa Jobless Rate Unchanged at 27.7% in Q2


Statistics South Africa | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/7/2017 8:21:10 AM