When was the highest unemployment rate in South Africa?
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When was the highest unemployment rate in South Africa?
The unemployment rate in South Africa has decreased by 0.8 of a percentage point to 34.5% in the first quarter of 2022, Statistics South Africa has revealed. In the last quarter of 2021, the country saw the highest unemployment rate on record of 35.3%.
What are the stats of unemployment in South Africa?
PRETORIA, March 29 (Reuters) – South Africa’s unemployment rate rose to a new record high of 35.3% in the fourth quarter of 2021 from 34.9% in the third quarter due to job losses mainly in manufacturing and construction, the statistics agency said on Tuesday.
What is SA unemployment rate 2020?
around 28.74 percent
Unemployment rate in South Africa 2020 In 2020, the unemployment rate in South Africa was around 28.74 percent.
What is the biggest cause of unemployment in South Africa?
lack of education and training
A lack of education and training is considered the root cause of unemployment in South Africa.
What was the unemployment rate in 2008 in South Africa?
22.41%
South Africa Unemployment Rate 1991-2022
| South Africa Unemployment Rate – Historical Data | ||
|---|---|---|
| Year | Unemployment Rate (%) | Annual Change |
| 2010 | 24.68% | 1.16% |
| 2009 | 23.52% | 1.11% |
| 2008 | 22.41% | -4.13% |
How do you reference statistics in SA?
Version 1. Pretoria: Statistics SA [producer], 2019. Cape Town: DataFirst [distributor], 2019. DOI: https://doi.org/10.25828/9tmn-fz97.
What is the unemployment rate in South Africa 2021?
These changes in the labour market resulted in the official unemployment rate increasing by 0,4 of a percentage point from 34,9% in the third quarter of 2021 to 35,3% in the fourth quarter of 2021 – the highest since the start of the QLFS in 2008.
What are five causes of unemployment in South Africa?
There are various arguments about the causes of unemployment in South Africa, some of which are:
- • Legacy of apartheid and poor education and training.
- • Labour demand – supply mismatch.
- • The effects of the 2008/2009 global recession.
- •
- • General lack of interest for entrepreneurship.
- • Slow economic growth.
Who is mostly affected by unemployment in South Africa?
Black African women are the most effected, with an unemployment rate of 41%, the agency reports. Young people aged 15-24, and 25-34, recorded the highest unemployment rates of 64.4% and 42.9% respectively, according to the data from StatsSA.
Which province has the lowest unemployment rate in SA?
Western Cape
PROVINCIAL SNAPSHOT The official unemployment rate for South Africa climbed to 30,8% in the third quarter of 2020 from 23,3% in the second quarter. Eastern Cape had the highest unemployment rate in the third quarter (at 45,8%), followed by Free State, Gauteng and North West. Western Cape had the lowest rate, at 21,6%.
What is the unemployment rate in South Africa 2022?
According to the Quarterly Labour Force Survey (QLFS) for the first quarter of 2022, the unemployment rate was 63,9% for those aged 15-24 and 42,1% for those aged 25-34 years, while the current official national rate stands at 34,5%.
