South Africas Unemployment Rate 2025. South Africa’s unemployment rate is at a 13year high, most affecting women and the youth The second quarterly decline in a row took unemployment to 31.9% in October-December , opens new tab from 32.1% in July-September, data from Statistics South Africa showed. Unemployment Rate in South Africa decreased to 31.90 percent in the fourth quarter of 2024 from 32.10 percent in the third quarter of 2024
South Africa's Improvement: Unemployment rate improved slightly to 31.9% in Q4 2024, with 7.991 million jobless individuals SADC Unemployment Trends: Was 27.24% in 2024, with projections indicating a rise to 27.62% by 2025, reflecting persistent challenges across the region Unemployment Rate in South Africa decreased to 31.90 percent in the fourth quarter of 2024 from 32.10 percent in the third quarter of 2024
Rate Cuts 2024 South African Economy Addy Lizzie
In Q3 2024, South Africa's unemployment rate decreased to 32.1%, down from 33.5% in Q2, marking a significant drop. The youth are not absorbed in the labor market South Africa has a large young population.As of 2021, of the almost 60 million South Africans, 26.7 million were aged 24 years and younger. The pace of employment growth is expected to have slowed in 2024, with average growth for the first three quarters at 2%, compared with an average of 6.2% in 2023
South Africa’s unemployment rate is at a 13year high, most affecting women and the youth. 2025 Employment Forecast in South Africa and Key Skills Needed Impact on the SADC: South Africa's economic challenges, including high unemployment, have significant implications for.
Unemployment South Africa 2024 Evanne Aundrea. South Africa's Improvement: Unemployment rate improved slightly to 31.9% in Q4 2024, with 7.991 million jobless individuals SADC Unemployment Trends: Was 27.24% in 2024, with projections indicating a rise to 27.62% by 2025, reflecting persistent challenges across the region Unemployment Rate in South Africa decreased to 31.90 percent in the fourth quarter of 2024 from 32.10 percent in the third quarter of 2024