South Africa Youth Unemployment Rate

Youth Unemployment Rate in South Africa decreased to 52.80 percent in the third quarter of 2018 from 53.70 percent in the second quarter of 2018. Youth Unemployment Rate in South Africa averaged 52.04 percent from 2013 until 2018, reaching an all time high of 55.90 percent in the second quarter of 2017 and a record low of 48.80 percent in the fourth quarter of 2014.

Youth Unemployment Rate in South Africa is expected to be 51.78 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 52.83 in 12 months time. In the long-term, the South Africa Youth Unemployment Rate is projected to trend around 51.51 percent in 2020, according to our econometric models.

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South Africa Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	27.50	27.20	31.20	21.50	percent	[+]
Employed Persons	9748000.00	9817000.00	9817000.00	3694977.00		[+]
Unemployed Persons	6209.39	6082.50	6214.11	3873.00	Thousand	[+]
Labor Force Participation Rate	59.50	59.10	60.80	53.60	percent	[+]
Labour Costs	150.80	148.30	150.80	1.10	Index Points	[+]
Wages	20176.00	19858.00	20176.00	6742.00	ZAR/Month	[+]
Wages in Manufacturing	17674.00	17146.00	17674.00	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 Low Skilled	4380.00	3960.00	4380.00	3840.00	ZAR/Month	[+]
Youth Unemployment Rate	52.80	53.70	55.90	48.80	percent	[+]
Wages High Skilled	22600.00	20300.00	22600.00	19000.00	ZAR/Month	[+]
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	43.10	43.10	46.17	41.00	percent	[+]

This page provides - South Africa Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.80	53.70	55.90	48.80	2013 - 2018	percent	Quarterly

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Country	Last		Previous	Range
South Africa	52.80	Sep/18	53.7	55.9 : 48.8	%
Spain	34.90	Oct/18	34.3	55.9 : 17.2	%
Italy	32.50	Oct/18	32.4	43.3 : 19.4	%
France	21.50	Oct/18	20.4	26.2 : 14.5	%
Turkey	20.80	Aug/18	19.9	28.6 : 11	%
Euro Area	17.30	Oct/18	17.1	24.7 : 14.8	%
India	12.90	Dec/13	18.1	18.1 : 12.9	%
Australia	11.30	Oct/18	11.4	20.1 : 7.6	%
United Kingdom	11.30	Aug/18	11.1	22.3 : 9.7	%
Canada	10.80	Nov/18	11	20.7 : 10.3	%
South Korea	8.50	Oct/18	9	13.4 : 3.8	%
United States	8.30	Oct/18	8.5	19.5 : 7.8	%
Netherlands	7.20	Oct/18	7.5	17.7 : 6.6	%
Germany	6.20	Oct/18	6.3	15.9 : 5.7	%
Japan	3.40	Oct/18	3.4	10.9 : 1.6	%
Switzerland	2.40	Oct/18	2.5	5.7 : 1.4	%