Cape Town – South Africa’s official unemployment rate dropped to 32.1% in the third quarter, a decrease from 33.5% in the previous quarter.
This is the first decline in a year, with significant job gains in six out of ten sectors, especially in community and social services, Statistics South Africa said.
🧵 South Africa’s #unemployment rate decreased by 1,4 percentage points to 32,1% in Q3:2024.
#StatsSA #ZAQLFS pic.twitter.com/xaNud5WE60— Stats SA (@StatsSA) November 12, 2024
This improvement reflects the addition of approximately 294,000 jobs across various sectors, with the exception of private households, which saw a loss of 32,000 jobs.
However, the expanded definition of unemployment, which includes discouraged workers, showed a rate of 41.9%, down from 42.6% in the second quarter.
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Compiled by Betha Madhomu
