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The Citizen reports that the unemployment rate decreased slightly by 0.7% to 31.9% in the third quarter from 32.6% in the second quarter.
According to the results of the Quarterly Labour Force Survey (QLFS) released on Monday by Statistics SA, employment in SA increased by 399,000 jobs in the third quarter of the year, with 16,7 million people employed in the quarter compared to 16,3 million in the second quarter. The number of unemployed people decreased 72,000 to 7,8 million. In addition, the number of people who were not economically active for reasons other than discouragement decreased 160,000 to 13,1 million, while the discouraged work-seekers decreased by 26,000 compared to the second quarter, resulting in a net decrease of 186,000. The unemployment rate according to the expanded definition decreased by 0.9 of a percentage point to 41.2% in the third quarter compared to the second quarter. Although youth employment increased slightly by 1.9 percentage points, the unemployment percentage for people between the ages of 15 and 34 was still very high at 43.4% after reaching 45.3% in the second quarter.
- Read the full original of the report in the above regard by Ina Opperman at The Citizen
- Read too, Unemployment rate decreases to 31.9%, at Engineering News
- And also, Employment back to pre-Covid levels after job growth, at Fin24
Get other news reports at the SA Labour News home page