The unemployment rate in South Africa rose to 27.6 percent in the first quarter of 2019 from 27.1 percent in the previous period. It is the highest jobless rate since Q3 2017, as the number of unemployed went up by 62 thousand to 6.20 million and employment fell by 237 thousand to 16.29 million. The unemployment rate usually rises in the first quarter of the year, as temporary staff hired to work over the busy festive season is dismissed. However, a year earlier, the jobless rate was lower at 26.7 percent. Unemployment Rate in South Africa averaged 25.66 percent from 2000 until 2019, reaching an all time high of 31.20 percent in the first quarter of 2003 and a record low of 21.50 percent in the fourth quarter of 2008.

Unemployment Rate in South Africa is expected to be 27.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in South Africa to stand at 26.90 in 12 months time. In the long-term, the South Africa Unemployment Rate is projected to trend around 28.40 percent in 2020, according to our econometric models.

South Africa Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-31 09:30 AM Unemployment Rate Q2 27.2% 26.7% 26.7%
2018-10-30 09:30 AM Unemployment Rate Q3 27.5% 27.2% 27.4%
2019-02-12 09:30 AM Unemployment Rate Q4 27.1% 27.5% 27.40%
2019-05-14 09:30 AM Unemployment Rate Q1 27.6% 27.1% 27.60%
2019-07-30 09:30 AM Unemployment Rate Q2 27.6% 27.80%
2019-10-29 09:30 AM Unemployment Rate Q3 28.00%


South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 27.60 27.10 31.20 21.50 percent [+]
Employed Persons 10174000.00 10151000.00 10174000.00 3694977.00 [+]
Unemployed Persons 6200.00 6100.00 6214.11 3873.00 Thousand [+]
Labor Force Participation Rate 58.80 59.40 60.80 53.60 percent [+]
Labour Costs 156.20 155.20 156.20 1.00 Index Points [+]
Wages 20855.00 21190.00 21190.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18167.00 18510.00 18510.00 6250.00 ZAR/Month [+]
Population 57.73 56.84 57.73 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 [+]
Wages High Skilled 22600.00 20300.00 22600.00 19000.00 ZAR/Month [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 55.20 54.70 55.90 48.80 percent [+]
Living Wage Family 11300.00 10700.00 11300.00 10700.00 ZAR/Month [+]
Living Wage Individual 6570.00 6140.00 6570.00 6140.00 ZAR/Month [+]
Employment Rate 42.56 43.34 46.17 41.00 percent [+]


South Africa Unemployment Rate

In South Africa, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - South Africa Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
27.60 27.10 31.20 21.50 2000 - 2019 percent Quarterly
SA




Country Last Previous
Congo 46.10 Dec/13
Namibia 33.40 Dec/18
South Africa 27.60 Mar/19
Lesotho 27.25 Dec/17
Swaziland 26.40 Dec/17
Mozambique 25.04 Dec/17
Nigeria 23.10 Sep/18
Angola 20.00 Dec/18
Gabon 19.60 Dec/17
Ethiopia 19.10 Dec/18
Botswana 18.10 Dec/17
Libya 17.70 Dec/17
Senegal 15.70 Dec/17
Tunisia 15.30 Mar/19
Rwanda 15.10 Dec/18
Sao Tome and Principe 13.50 Dec/17
Sudan 12.90 Dec/18
Cape Verde 12.20 Dec/18
Mauritania 11.80 Dec/17
Algeria 11.70 Sep/18
Republic of the Congo 10.95 Dec/17
Tanzania 10.30 Dec/14
Morocco 10.00 Mar/19
Gambia 9.50 Dec/17
Kenya 9.30 Dec/18
Egypt 8.10 Mar/19
Mali 7.90 Dec/17
Zambia 7.79 Dec/17
Burundi 7.70 Dec/12
Equatorial Guinea 6.90 Dec/17
Mauritius 6.90 Mar/19
Eritrea 6.40 Dec/17
Burkina Faso 6.30 Dec/17
Guinea Bissau 6.10 Dec/17
Central African Republic 6.00 Dec/17
Malawi 5.90 Dec/17
Chad 5.89 Dec/17
Zimbabwe 4.90 Dec/18
Guinea 4.50 Dec/17
Sierra Leone 4.50 Dec/17
Comoros 4.30 Dec/17
Cameroon 4.20 Dec/17
Seychelles 4.10 Dec/17
Ivory Coast 2.60 Dec/17
Ghana 2.40 Dec/17
Liberia 2.40 Dec/17
Benin 2.10 Dec/18
Uganda 2.10 Dec/17
Madagascar 1.80 Dec/17
Togo 1.80 Dec/17
Niger 0.40 Dec/17


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