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.


Forecast Data Chart
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South Africa Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 27.5 27.4 27.6 27.8 28 24
Employed Persons 9748000 10111000 10511000 10711000 9743480 11711000
Unemployed Persons 6209 6610 6110 6120 6197 6670
Labor Force Participation Rate 59.5 60.5 59.42 58.96 59.41 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 4380 4108 4157 3929 3838 4157
Youth Unemployment Rate 52.8 51.78 52.31 53.17 52.83 51.51
Wages High Skilled 22600 21700 22100 20734 20815 23200
Living Wage Family 11300 10400 10500 10500 10500 10630
Living Wage Individual 6570 6530 6630 6630 6630 6700
Employment Rate 43.1 42.9 43 43.1 43.2 45.12