South Africa Wages High Skilled - Forecast

Wages High Skilled in South Africa is expected to be 21300.00 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 26.7 28 27.8 26.6 26 24
Employed Persons 9589000 9562163 9549905 9537334 9524818 9020000
Unemployed Persons 5880 6450 6510 6570 6610 6670
Labor Force Participation Rate 58.8 60.2 60.2 58.39 60.5 61
Labour Costs 146 152 153 155 156 162
Wages 19608 20003 20186 20274 20360 20291
Wages in Manufacturing 17023 17043 17098 17071 17072 16812
Population 55.91 58 58 58 58 59.44
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 60 61 61 61 61 60
Wages High Skilled 21300 21300 21700 21700 21700 23200
Wages Low Skilled 3950 4021 4050 4079 4108 4069
Youth Unemployment Rate 52.2 52.26 53.51 52.62 51.68 51.51
Living Wage Family 10300 10300 10360 10400 10400 10630
Living Wage Individual 6460 6460 6460 6530 6530 6700
Employment Rate 43.3 43.37 43.37 43.38 43.12 45.12