Employment Rate in South Africa increased to 38.20 percent in the fourth quarter of 2020 from 37.51 percent in the third quarter of 2020. source: Statistics South Africa

Employment Rate in South Africa averaged 42.89 percent from 2000 until 2020, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 36.26 percent in the second quarter of 2020. This page provides - South Africa Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Employment Rate - values, historical data and charts - was last updated on April of 2021.

Employment Rate in South Africa is expected to be 40.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in South Africa to stand at 42.00 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 43.00 percent in 2022 and 44.00 percent in 2023, according to our econometric models.

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South Africa Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
38.20 37.51 46.17 36.26 2000 - 2020 percent Quarterly
NSA

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.50 30.80 32.50 21.50 percent [+]
Employed Persons 15023.55 14690.87 16528.70 11666.00 [+]
Unemployed Persons 7233.00 6533.00 7233.00 3873.00 Thousand [+]
Labor Force Participation Rate 56.60 54.20 60.80 47.30 percent [+]
Labour Costs 162.20 177.40 177.40 1.00 points [+]
Wages 23133.00 22579.00 23133.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19788.00 18857.00 19788.00 6250.00 ZAR/Month [+]
Population 58.80 58.78 58.80 17.46 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 65.00 60.00 [+]
Minimum Wages 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Youth Unemployment Rate 61.30 52.30 61.30 48.80 percent [+]
Employment Rate 38.20 37.51 46.17 36.26 percent [+]


South Africa Employment Rate
In South Africa, the employment rate measures the number of people who have a job as a percentage of the working age population.