South Africa’s unemployment rate has increased by 0,1 of a percentage point to 29,1 percent in the third quarter compared to the second quarter, the highest it has been in 11 years.
Statistics South Africa (StatsSA) said on Tuesday that the number of employed persons increased by 62 000 while the number of unemployed persons increased by 78 000, resulting in an increase of 141 000 in the labour force.
The South African working-age population increased by 149 000 in the third quarter compared to the second quarter
There were approximately 10,3 million persons aged 15–24 years in the quarter, and 32.3 percent (or 3.3 million) of them were not in employment, education or training (NEET).
The number of discouraged work-seekers increased by 44 000 while the number of people who were not economically active for reasons other than discouragement decreased by 35 000 between the second and third quarters, resulting in a net increase of 9 000 in the not economic
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