Statistics South Africa has published the latest unemployment numbers for the fourth quarter of 2021, showing that South Africa’s unemployment rate has now hit 35.3%.
This is the highest point since the Quarterly Labour Force Survey was started, the statistics body said in a statement on Tuesday .
Of these, 260,000 people found employment, while 280,000 remained unemployed. The specific data points are:The number of the not economically active population decreased by 397,000 to 17.4 million;The number of employed persons increased by 262,000 to 14.5 million; While both the unemployed and employed figures increased, the data shows that South Africa is simply not creating enough jobs for new entrants or to make up for existing losses.
“The unemployment rate according to the expanded definition of unemployment decreased by 0.4 of a percentage point to 46.2% in Q4 2021 compared to Q3 2021.”
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