Youth Unemployment Rate in South Africa increased to 61.30 percent in the third quarter of 2020 from 52.30 percent in the second quarter of 2020. source: Statistics South Africa

Youth Unemployment Rate in South Africa averaged 53.30 percent from 2013 until 2020, reaching an all time high of 61.30 percent in the third quarter of 2020 and a record low of 48.80 percent in the fourth quarter of 2014. This page provides - South Africa Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Youth Unemployment Rate - values, historical data and charts - was last updated on April of 2021.

Youth Unemployment Rate in South Africa is expected to be 62.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in South Africa to stand at 63.00 in 12 months time. In the long-term, the South Africa Youth Unemployment Rate is projected to trend around 62.00 percent in 2022, according to our econometric models.

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South Africa Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.30 52.30 61.30 48.80 2013 - 2020 percent Quarterly

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.50 30.80 32.50 21.50 percent [+]
Employed Persons 15023.55 14690.87 16528.70 11666.00 [+]
Unemployed Persons 7233.00 6533.00 7233.00 3873.00 Thousand [+]
Labor Force Participation Rate 56.60 54.20 60.80 47.30 percent [+]
Labour Costs 162.20 177.40 177.40 1.00 points [+]
Wages 23133.00 22579.00 23133.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19788.00 18857.00 19788.00 6250.00 ZAR/Month [+]
Population 58.80 58.78 58.80 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 [+]
Minimum Wages 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Youth Unemployment Rate 61.30 52.30 61.30 48.80 percent [+]
Employment Rate 38.20 37.51 46.17 36.26 percent [+]