South Africa Employment Rate - Forecast

Employment Rate in South Africa is expected to be 42.98 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 43.10 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 45.12 percent in 2020, according to our econometric models.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Africa Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 27.2 27.4 27.2 27.1 26.5 24
Employed Persons 9748000 10111000 10511000 10711000 9741889 11711000
Unemployed Persons 6100 6610 6037 6059 6079 6670
Labor Force Participation Rate 59.1 60.5 59.65 59.18 59.67 61
Labour Costs 151 155 157 159 160 175
Wages 20176 20500 20200 21336 21703 21600
Wages in Manufacturing 17674 17900 17100 18540 18799 19000
Population 57.73 58 59 59 59 60
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 60 60 60 60 60
Wages Low Skilled 3950 4108 4157 4073 4055 4157
Youth Unemployment Rate 53.7 51.44 52.18 53.07 52.4 51.51
Wages High Skilled 21300 21700 22100 20101 20158 23200
Living Wage Family 10300 10400 10500 10500 10500 10630
Living Wage Individual 6460 6530 6630 6630 6630 6700
Employment Rate 43.1 42.9 43 43.1 43.2 45.12