decline

Statistics South Africa has released the unemployment rate for the second quarter of 2023, which declined slightly to 32.6% from 32.9% in the first quarter. The number of unemployed people also declined slightly, coming in at 7 921 000. According to an expanded definition of unemployment that includes those discouraged from seeking work, 42.1% of the labour force was without work in the second quarter, compared with 42.4% in the […]