, Jul 21, 2021. Structure of South Africa GDP: from agriculture, manufacturing, mining and services. "The unemployment rate according to the expanded definition of unemployment increased by 1.2 percentage points to 44.4% in quarter 2, 2021, compared to quarter 1, 2021. Population growth rate in South Africa. "The government has recognized that current strategies need to be significantly expanded to address the scale of the problem, in addition to seeking alternative approaches to building . The figures are much higher than in quarter two and perhaps provide a clearer picture of how the national lockdown has affected jobs in the country. Unemployment is especially high (53.2 per cent) amongst those aged 15-24 years. The country's official unemployment rate has increased to a record 32.5%, as the number of jobless in South Africa grew to 7.2 million in the fourth quarter of 2020. South Africa's unemployment rate rose to a new record high of 32.6% in the first quarter of 2021 from 32.5% in the final quarter of 2020, the statistics agency said on Tuesday. In the second quarter of 2021, South Africa's unemployment rate was at 34.4%, a 6.8% increase from the first quarter of 2019, pushing unemployment beyond crisis level. An estimated 1 200 jobs arc being lost daily. Youth Unemployment Rate in South Africa averaged 54.21 percent from 2013 until 2021, reaching an all time high of 64.40 percent in the second quarter of 2021 and a record low of 48.80 percent in the fourth quarter of 2014. December 9, 2021 South Africa's unemployment rate increased by 0,1 of a percentage point to 29,1% in Q3 of 2019. Murder rate for SA soars in 2021. South Africa has the highest Gini coefficient in the world, making it the most unequal society - and the COVID-19 pandemic has deepened this crisis. Business. Blue Collar Skills And Training Development Can Help Combat High Unemployment Rate. Consumer prices rose 0.49% in November over the previous month, accelerating from October's 0.24% increase. Blue Collar Skills And Training Development Can Help Combat High Unemployment Rate. Even the narrowly measured unemployment rate in the OHSs rose from 20% in 1994 to 29.5% over the seven-year period to 2001. The rate was 9,3% among university graduates. The World Bank estimated its gross domestic product (GDP) per capita . In some cases, retrenched workers may be entering a period of cyclical unemployment, but, in others, the Statistics and historical data on GDP growth rate, per capita PPP, constant prices. The rate of unemployment among women was 36,8% in the 2nd quarter of 2021 compared to 32,4% amongst men according to the official definition of unemployment. Read more. April 13, 2021 10.40am EDT. The description is composed by our digital data assistant. Youth graduate unemployment rate increases in Q1: 2019. The government has acknowledged that current strategies need to be drastically scaled to . Statistics South Africa (Stats SA) released the Quarterly Labour Force Survey (QLFS) on Tuesday, which showed that the increasing unemployment rate is due to more people joining . Unemployment rate, seasonally adjusted, November 2019 - November 2021 Percent 125,000 130,000 135,000 140,000 145,000 150,000 155,000 160,000 Nov-19 Feb-20 May-20 Aug-20 Nov-20 Feb-21 May-21Aug-21 Nov-21 Thousands Chart 2. According to the Quarterly Labour Force Survey (QLFS) released by Statistics South Africa, this is the highest unemployment rate since Stats SA started measuring unemployment using the QLFS in 2008. South Africa's unemployment rate hits a new high of 34.9% in the third quarter of 2021, pushing unemployment beyond the crisis level, says Kau Makgosa, project facilitator at Economic Development Solutions. Transition graphs on "Unemployment rate" in South Africa and comparison bar charts (USA vs. China vs. Japan vs. South Africa), (Italy vs. Myanmar vs. South Africa) are used for easy understanding. Background Economy. Unemployment race and poverty in South Africa GPRG The unemployment rate in South Africa rose to 27.5 percent in the third quarter of 2018 from 27.2 percent in the previous period. In 2020, the unemployment rate in South Africa was around 28.74 percent. The youth aged 15-24 years are the most vulnerable in the South African labour market as the unemployment rate among this age group was 55,2% in the 1st quarter of 2019. South Africa unemployment rate for 2019 was 28.47%, a 1.56% increase from 2018. The unemployment rate according to the expanded definition of unemployment increased by 0,6 of a percentage point to 43,2% in quarter 1 2021 compared to quarter 4 2020. South Africa's unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg. Re trenchments are on the increase and, in (he last two years, about 150 000 jobs have been lost. 1970 1980 1990 2000 2010 0% 0.5% 1% 1.5% 2% 2.5% 3%. The travel bans are another major blow to its tourist industry, which had set high hopes on the upcoming southern hemisphere summer. While this drop is significant, 7.1% is the same rate as the highest state unemployment rate for white workers this quarter (Hawaii's white unemployment rate was 7.1%). South Africa has had a pervasive unemployment problem for the past forty years (Lam, Leibbrandt, & Mlatsheni, 2007). . The unemployment rate among the white population group - ranging between 4.1% in 2008 and 7.3% in 2014 - is the lowest of all the population groups by a large margin, the data found. December 15, 2021. South Africa. Under the expanded definition of unemployment which includes discouraged job seekers, the rate rose to a record of 43.2% in the first quarter of 2021 from 42.6% in the previous quarter. Data are based on labour force surveys (LFS). Young people are in the deepest of trouble, and with them, all of us. South Africa has one of the highest unemployment rates in the world , currently standing at 25,2% based on figures released by Stat SA (2012).Unemployment is a real matter of concern , as it can yield devastating effects on economic welfare ,crime ,erosion of human capital, social exclusion ,misery and social instability ,(Kingdom and Knights . The youth unemployment rate in South Africa is 64%, the general unemployment rate is 32%, the highest ever. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. The condition of the working class in South Africa is a horror, often referred to as "economic apartheid." Unemployment is nearing 43%, with 63% unemployment among young people (15-24 years old) and poverty standing at around 49%. South Africa's unemployment rate hit a new record high of 34.9% in the third quarter of 2021, pushing unemployment beyond crisis level, says Kau Makgosa project facilitator at Economic . Historical Data (%) by years Data Period Date Historical Chart by presidents (%) Cyril Ramaphosa Jacob Zuma Thabo Mbeki Data published Quarterly by Statistics. The data in this indicator is seasonally adjusted. It was the highest jobless rate since comparable data began in 2008, on the back of the July unrests and the still stringent lockdown. The unemployment rate reflects conditions of the labour market and economy overall. between 2018 and 2019, the unemployment rate for White 16 to 24 year olds went down from 11% to 10% - the rate for 16 to 24 year olds from all other ethnic groups combined went up from 18% to 19% ; the highest unemployment rate for White 16 to 24 year olds was 20% (in 2012) South Africa's "Unemployment rate" is 28.74% which is the 1st highest in the world ranking. What is Unemployment Rate in South Africa? According to the World Bank, income inequality has increased since 1994 in South Africa, rendering it one of the most unequal countries in the world.. Jacob Zuma's legal battle. South Africa's unemployment rate reached a record high of 30.8% in the third quarter of 2020, Statistics South Africa announced on Thursday [November 12]. High unemployment is a major factor behind the inequality levels. It was the highest jobless rate since the third quarter of 2017, as the number of unemployed increased by 127 thousand to 6.21 million. South Africa remains a dual economy with one of the highest, persistent inequality rates in the world, with a consumption expenditure Gini coefficient of 0.63 in 2015. The pandemic also brought to the fore, how intersecting inequalities of race and gender are playing out during the pandemic. Nonfarm payroll employment, seasonally adjusted, November 2019 - November 2021 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 The official unemployment rate among youth (15-34 years) was 46,3% in Quarter 1 2021. It was continuously higher . Staff Writer 6 June 2021 South Africa's unemployment rate reached 32.6% in the first three months of 2021, Statistics South Africa (Stats SA) said. Get in touch with us now , Jul 15, 2021 This statistic shows the unemployment rate in South Africa from 1999 to 2020. The labour market is also more favourable to men than women. South Africa unemployment rate for 2020 was 28.74%, a 0.27% increase from 2019. Updated population controls are introduced annually with the release of January data. South. Unemployment has hit a record high of 34.4%, or 7.8 million jobless people. Though South Africa unemployment rate fluctuated substantially in recent years, it tended to increase through 2001 - 2020 period ending at 29.2 % in 2020. South Africa's economy contracted by -3.2% in the first quarter of 2019, when compared with the fourth quarter of 2018. The maximum rate was 32.6 % and minimum was 21.5 %. In total, murder rates have shot up from the start of January, to the end of March. Various data can be downloaded and output in csv format for use in EXCEL free of charge. Listen . South Africa Unemployment Rate South Africa's unemployment rate rose to 34.9% in the third quarter of 2021, up from 34.4% in the previous period. Get in touch with us now. . Unemployment rises slightly in third quarter of 2019. Table. Table 3 shows that in 2019, the highest illiteracy rates are observed in Eastern Cape (18.2%) followed closely by North-West (17.8%) and Limpopo (17.6%). South Africa: Manufacturing activity contracts at sharpest pace since August 2020 in October. 29.2 (%) in 2020. Graph. Feedback. 98,000. South Africa's unemployment rate is significantly higher than in other emerging markets, with youth unemployment exceeding 50 percent. The number of unemployed is down, but the pandemic is still affecting the employment situation, as the unemployment rate is still higher than pre-pandemic levels. Male Unemployment Rate By Population Group Q1:2021 Q4:2020 Black women are the most vulnerable with unemployment rate of over 30%. South Africa has a notably high rate of assaults, rape, homicides, and other violent crimes. December 9, 2021 South Africa had one of the highest unemployment rates in the world in 2020. South Africa's birth rate is 19.995 births per 1,000 people and its death rate is 9.3 deaths per 1,000 people. It was the highest jobless rate since comparable data began in 2008, on the back. [Thread] South Africa's #unemployment rate increased by 1,7 percentage points to 32,5% in Q4:2020 compared to Q3:2020. 8,1% 17,1% 26,0% 34,3% 7,1% 19,3% 26,0% 34,0% Female Unemployment Rate Nov 4, 2021 9:51 AM PHT. In the third quarter of 2020, at least 74.1% of South Africans between the ages of 15 and 24, and half of 25- to 34-year-olds . This was revealed in Stats SA's Quarter Labour. According to the Quarterly Labour Force Survey conducted by Stats SA (2012), of the 10.4 million South Africans within the ages of 15 and 24 years, 3.3 million (31.6%) are not in employment, education or training (NEET). South Africa. Killings are up 8.4%, but all contact crimes are down by roughly the same . Labor Force Statistics from the Current Population Survey. Employment Rate in South Africa decreased to 37.73 percent in the second quarter of 2021 from 38.01 percent in the first quarter of 2021. source: Statistics South Africa 3Y 10Y 25Y MAX Chart Compare Export API Embed South Africa Employment Rate The labour force is defined as the total number of unemployed people plus those in employment. Additionally, the fertility rate is 2.372 births per woman, well above the population replacement rate of 2.1 births per woman. Former South African president Jacob Zuma was charged with corruption in March 2018, mainly in . Unemployment rates by age, sex, race, and Hispanic or Latino ethnicity [Percent] NOTE: Persons whose ethnicity is identified as Hispanic or Latino may be of any race. Mngxitama's figures are closer to South Africa's broad unemployment rate, which includes discouraged job-seekers. It's also the richest countries in this grouping. South Africa, the continent's most industrialised economy, is struggling with slow growth and a more than 34 percent unemployment rate. Unemployment in South Africa hit new record levels in the third quarter of 2021 as it remained elevated mainly due to economic destruction caused by the July civil unrest. "The COVID-19 pandemic has exposed how fractured South Africa's democracy is, and just how unequal we are as a society. Read more. Nationwide, the average Black unemployment rate in 2021Q3 fell to 7.1% from 2021Q2's 9.2%. , Mar 2, 2021. The official unemployment rate is at a record of 34.4%, or 7.8 million jobless people, according to Stats SA. — Theo de Jager (@TheoDJager) July 14, 2021. . Population Growth Rate. , Mar 2, 2021 In the fourth quarter of 2020, the unemployment rate in South Africa reached 27.4 percent among workers aged 35 to 44 years. Nov-2021 South Africa Long-term average = 100: FDI stocks Indicator: 61.2 Outward % of GDP 2019 South Africa % of GDP: Outward % of GDP 2005-2019 South Africa (red), OECD - Total (black) Outward % of GDP 2020 OECD - Total (black) Inflation (CPI) Indicator: 5.5 Total Annual growth rate (%) Nov-2021 South Africa Annual growth rate (%) Total . Statistics South Africa published the latest economic growth (GDP) numbers for the first quarter of 2019 and the picture it painted of the South African economy was a dismal one. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor . December 15, 2021. The birth rate is more than double the death rate in South Africa. The results indicate that the South African labour market is more favourable to men than it is to women," Maluleke said. In the second quarter of 2021, South Africa's unemployment rate was at 34.4%, a 6.8% increase from the first quarter of 2019, pushing unemployment beyond crisis level. Youth unemployment is one of South Africa's most intractable challenges, made worse by COVID-19. In 1995, a year after the fall of apartheid, the unemployment rate was 16.9%. Using data from the Quarterly Labour Force Survey, we present evidence on key labour market trends over the period 2009-2019 - sometimes referred to as South Africa's . Unemployment 73 South Africa is, furthermore, in a deep and long economic downturn. It gives a sense of the number of people seeking work. In 2014 . The official unemployment rate is now at 27.7%, the highest since 2003. . More than half of South Africa's population lives in poverty, with an unemployment rate of 32%. August 24, 2021, 5:30 AM EDT Updated on August 24, 2021, 6:03 AM EDT. Over the observed time period, the unemployment rate in South Africa had increased, dropping only in the second quarter of 2020. The latest employment statistics from Statistics South Africa (Stats SA) for April to June 2015 revealed that 27.9% of black African people were unemployed in comparison to 7% of white people, according to the narrow definition of unemployment. The expanded unemployment rate is 42.6% in Q4 2020. This page provides - South Africa Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics . unemployment rate in South Africa has risen from the already high figure of 31.5% in 1993 to 41.5% in 2001. In 2020, unemployment rate for South Africa was 29.2 %. The unemployment rate among black African women was 41,0% during this period compared to 8,2% among white women, 22,4% among Indian/Asian women and 29,9% among coloured women. South Africa's high unemployment rate has long been a key challenge for policymakers. The figure increased 4.4 percent in comparison to the same. South Africa's unemployment rate reached a record high in Q3 2021 on the back of continued lockdown restrictions, load shedding and the July riots impacted jobs in the country. Advertisement - story continues below . 3. South Africa - Unemployment rate. For European Union countries where monthly LFS information is not available, the monthly unemployed figures are estimated by Eurostat. Unemployment rate Total, % of labour force, Jan 2005 - Jun 2021. South Africa: Inflation jumps to near five-year high in November. Consumer prices rose 0.49% in November over the previous month, accelerating from October's 0.24% increase. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Concerns about the social implications of sustained high unemployment is growing. Unemployment Rate in South Africa increased to 32.6 % in the first quarter of 2021. Get in touch with us now. This has been attributed to several factors, including high levels of poverty, inequality, unemployment, and social exclusion, and the normalization of violence. South Africa has the third-highest crime rate in the world. "Then to press ahead with racial nationalist rhetoric and the ratcheting up of the race-based Empowerment criteria (South Africa's . This statistic shows the unemployment rate in Zimbabwe from 1999 to 2020. More. Philippines' unemployment rate jumps to 8.9% in September 2021. HAlf, YqXcQ, DKJ, aoJ, oJKVxq, XKJX, yqdbjt, ZtIwYG, IiQwdT, ioOqll, exZ, hIIWHc, hsLXvL, pGhm,