Unemployment increases to worst level in 11 years

Stats SA announced on Tuesday that the dismal unemployment rate has increased by one percentage point since last quarter to 29.1%, the worst it’s been since 2008.

The actual number of unemployed people has increased from 4.5 million in 2009 to 6.7 million now.

South Africa’s #unemployment rate increased by 0,1 of a percentage point to 29,1% in Q3 of 2019. This is the highest unemployment rate since Q1 of 2008.

Read more here: https://t.co/l4DZ7DhD1n#StatsSA pic.twitter.com/PLm7IJUEcK

— Stats SA (@StatsSA) October 29, 2019

The #unemployment rate has remained high over time. There has been 0,1 of a percentage point increase between Q2:2019 and Q3:2019.

Read more here: https://t.co/l4DZ7DhD1n#StatsSA pic.twitter.com/rmKmA3k5r9

— Stats SA (@StatsSA) October 29, 2019

The number of #unemployed people in South Africa increased from 4,5 million in Q3:2009 to 6,7 million in Q3:2019.

Read more here: https://t.co/l4DZ7DhD1n#StatsSA pic.twitter.com/ZVakg2aNQK

— Stats SA (@StatsSA) October 29, 2019

Young females aged 15 – 24 are most vulnerable to NEET (Not in Education, #Employment or Training) #youthunemployment #StatsSA https://t.co/Ag2FQ3ixqH pic.twitter.com/UFJWnKH26p

— Stats SA (@StatsSA) October 29, 2019

The working age population (15 – 64 years) in Q3:2019 was 38,6 million.

Read more here: https://t.co/l4DZ7DhD1n#StatsSA pic.twitter.com/oaI2aaN4Wr

— Stats SA (@StatsSA) October 29, 2019

Those with higher levels of education have higher labour force participation rates and labour absorption rates #unemployment #StatsSAhttps://t.co/Ag2FQ3ixqH pic.twitter.com/Vm8PE0Wv7i

— Stats SA (@StatsSA) October 29, 2019

Black African #women are the most vulnerable with an #unemployment rate of over 30%. Followed by Coloureds & Indians/Asians with a rate of 23,7% & 18,2% respectively.

Read more here: https://t.co/l4DZ7DhD1n#StatsSA

— Stats SA (@StatsSA) October 29, 2019

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