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How Many People Are Unemployed in South Africa?
7.9 million people are jobless, a decrease of 60,000 over the previous quarter. Currently, the unemployment rate is 34.5%.
In comparison to the end of the previous year, the number of young people (15-34 years old) without a job declined by 0.1% to 4.7 million.
What is the projected unemployment rate in South Africa in 2024-2025?
33.9%
According to the most recent statistics, the official unemployment rate fell from 34.5% in the first quarter of 2024-2025 to 33.9% in the second.
What is South Africa’s primary reason for unemployment?
In South Africa, unemployment is said to be primarily caused by a lack of education and training.
Which South African province has the greatest percentage of unemployment?
At 52.6% in the first quarter, the Eastern Cape had the worst unemployment rate in the nation. Mpumalanga and Limpopo, two further provinces regarded as “poor” in South Africa, are listed after this with respective poverty rates of 51.6% and 50.9%.
In South Africa which gender is most impacted by unemployment?
With a 52% poverty rate, African women have a disproportionately high rate of unemployment. At all ages, women have greater unemployment rates than men do, but this is especially true for young people (15 to 24 years old), where the rates are 54% for young women and 45% for young men.
Is the unemployment rate in South Africa decreasing?
In the first quarter, South Africa’s unemployment rate slightly decreases to 34.5%. Compared to the unemployment rate of 35.3% in the fourth quarter of 2021, the official South African unemployment rate has dropped by 0.8 of a percentage point to 34.5% in the first quarter of this year.
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Why is South Africa’s youth unemployment rate so high?
The Fort Hare Institute for Social & Economic Research’s director, Prof. Philani Moyo, has cited higher education and training as the primary causes of youth unemployment. “One of the main causes of young unemployment, poverty, and hardship in South Africa is the existing higher and tertiary education system.
In South Africa how many graduates are unemployed?
Each year, some 250,000 new graduates enter the South African labor force, but only about 30% of them find jobs.
What are the possibilities of landing a job in South Africa?
In South Africa, the likelihood of finding employment is quite low. Many recent grads are unemployed. Statistics from South Africa show that between 15 and 34 year olds, the unemployment rate is roughly 32.9%. Usually, this is brought on by a lack of funding for the economy.
