JUST IN | Good news as SA's unemployment rate improves | Business

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The official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33.9% in the second, Statistics SA reported on Tuesday. | News24_Business

The Quarterly Labour Force Survey shows that 204 000 jobs were gained between the second and third quarter of 2022. Job losses were however recorded in the finance sector , private households and mining and agriculture .

The expanded unemployment rate - which includes discouraged job seekers who have given up looking for work - decreased to 43.1% from 44.1% in the second quarter.The QLFS has faced some scrutiny in recent months, amid growing concern about the reliability of SA’s employment data.Statistics SA is meant to collect data on the employment status of 33 000 households – which is extrapolated to determine the jobless rates for around 40 million adults in the country.

 

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_Business Unemployment rate drops, crime increases?

_Business Dudula changing lives

_Business Is it good news or it's ANC's elections news🤷‍♂️...I ve seen this before....the grade 12 exam results, crime stats, rating agencies swingng moods (in our worst of times, like right now....telling us tht we are just fine 💁‍♂️) Shortly after the elections, come la for the real story🤦‍♂️

_Business Businesses closed down due to loadshedding, so I think not.

_Business Strangest way of calculating this. Those who have given up looking for a job. Those over or under a certain age are excluded. The real figure is probably closer to 60%

TheDynamicOne3 _Business Lies 🥱

_Business Unbelievable..

_Business Good thing your guys can't count. It is massively worse than you think......🤐

_Business Bull 💩

_Business Operation dudula and others at work

_Business Does this mean instead of 7.7 million being jobless only 7.47 million are now unemployed. 😭😭😭😭

_Business Bullsht

_Business This is still abnormal.

_Business | cant explain how you make me feel right now, the joy in me is inexplicable, I have made more than R65,000 during the last 2 weeks with the help of marksust6

errolbsk _Business Lies…

_Business ANC are going to be shouting from the rooftops about this one

_Business ANC will be having a party after that good news 🤨

_Business Mzansi for sho🙆‍♂️🤔 this is sad, we started to see numbers when the vaccines campaign were all over the media,,, 🚮🚮🚮🚮

_Business Thanks to operation Dudula

_Business

_Business The official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33;9% in the second quarter, Statistics SA🇿🇦reported on Tuesday News 24_business. This are really bad…. For our economy.

_Business 🤣🤣🤣🤣 Yeah by 1 % probably not even. Wow our economy is gonna bust through the roof now🤣🤣🤣

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