SA unemployment rate rises to 29% in second quarter | IOL Business Report

JOHANNESBURG - South Africa's unemployment rate rose to 29 percent of the labour force in the second quarter of 2019 from 27.6 percent in the first three months of the year, the statistics agency said on Tuesday.

"This is as a result of an increase of 455,000 in the number of people who are unemployed and an increase of 21,000 in employment," Statistics South Africa said in its latest quarterly labour force survey. South Africa’s #unemployment rate increased to 29,0% in Q2:2019, up by 1,4 percentage points from Q1:2019. This is the highest level recorded since the introduction of the QLFS in 2008. The highest level was 29,3% in March 2003 #StatsSA https://t.co/yyznAhpneT pic.twitter.

The expanded #unemployment rate was up by 0,5 of a percentage point to 38,5% #StatsSA https://t.co/BaZw8eBfVn pic.twitter.com/5wjKYTCxIb 21 000 more people were employed in Q2:2019 compared with Q1:2019. 16,3 million of the working age population was employed in Q2:2019 #StatsSA https://t.co/BaZw8eBfVn pic.twitter.

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