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A slight decrease in unemployment rate: Stats SA

According to an expanded definition of unemployment that includes those discouraged from seeking work, 42% of the labour force was without work in the fourth quarter.In a statement StatSA says, “The results indicate that 169 000 jobs were gained between the third quarter of 2022 and the fourth quarter of 2022. The total number of persons employed was 15,9 million in the fourth quarter of 2022.

The number of unemployed persons increased by 28 000 to 7,8 million in the fourth quarter of 2022. The number of people who were not economically active for reasons other than discouragement increased by 95 000 to 13,4 million. The discouraged work-seekers decreased by 151 000 in the fourth quarter of 2022 compared to the previous quarter, resulting in a net decrease of 57 000 in the not economically active population.

 

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Only 2000 of those jobs were created in ANC provinces, the other 170K+ in the WESTERN CAPE !? ...🤔...

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People are not working for real. We don't need statics you can see with your naked eyes

lier!!!

Maybe the ZEP ending might be to thank, June will bring more jobs with it for South Africans when ZEP is completely halted.

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