Unemployment rate drops to 31.9% in the fourth quarter of 2024
Statistics South Africa's (Stats SA) quarterly labour force survey for the fourth quarter of 2024 indicates a slight decrease in the unemployment rate, which has dropped to 31.9 percent from 32.1 percent in the previous quarter. Employment rose by 132,000, bringing the total number of employed persons to 17.1 million. However, the number of discouraged job seekers increased by 111,000, and youth unemployment remains notably high at 44.6 percent. Statistician-General […]
