South Africa Wages High Skilled - Forecast

Wages High Skilled in South Africa is expected to be 21700.00 ZAR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Wages High Skilled is projected to trend around 23200.00 ZAR/Month in 2020, according to our econometric models.


South Africa Wages High Skilled
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South Africa Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 26.7 27.8 27 27 27.4 24
Employed Persons 9797000 9771582 9751260 9733678 9715696 9020000
Unemployed Persons 6000 6510 6570 6610 6111 6670
Labor Force Participation Rate 59.3 60.2 59.61 60.5 59.58 61
Labour Costs 146 146 146 146 146 146
Wages 20004 20100 20500 20500 20200 21600
Wages in Manufacturing 17595 17300 17600 17900 17100 19000
Population 56.52 58 58 58 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 4108 4108 4157 4157
Youth Unemployment Rate 52.4 53.54 52.62 51.69 51.84 51.51
Wages High Skilled 21300 21700 21700 21700 22100 23200
Living Wage Family 10300 10400 10400 10400 10500 10630
Living Wage Individual 6460 6460 6530 6530 6460 6700
Employment Rate 43.1 43.22 43.24 43.12 43.24 45.12