South Africas Unemployment Rate 2025

South Africas Unemployment Rate 2025. South Africa’s unemployment rate is at a 13year high, most affecting women and the youth Impact on the SADC: South Africa's economic challenges, including high unemployment, have significant implications for. Unemployment, total (% of total labor force) (modeled ILO estimate) in South Africa was reported at 32.1 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources.

Unemployment refers to the share of the labor force that is without work but available for and seeking employment South Africa's Improvement: Unemployment rate improved slightly to 31.9% in Q4 2024, with 7.991 million jobless individuals SADC Unemployment Trends: Was 27.24% in 2024, with projections indicating a rise to 27.62% by 2025, reflecting persistent challenges across the region

Unemployment South Africa 2024 Evanne Aundrea

Impact on the SADC: South Africa's economic challenges, including high unemployment, have significant implications for. South Africa's Improvement: Unemployment rate improved slightly to 31.9% in Q4 2024, with 7.991 million jobless individuals SADC Unemployment Trends: Was 27.24% in 2024, with projections indicating a rise to 27.62% by 2025, reflecting persistent challenges across the region The youth are not absorbed in the labor market South Africa has a large young population.As of 2021, of the almost 60 million South Africans, 26.7 million were aged 24 years and younger.

South Africa’s unemployment rate is at a 13year high, most affecting women and the youth. The second quarterly decline in a row took unemployment to 31.9% in October-December , opens new tab from 32.1% in July-September, data from Statistics South Africa showed. Unemployment refers to the share of the labor force that is without work but available for and seeking employment

Unemployment Rate 2024 South Africa Tatum Gabriela. Unemployment, total (% of total labor force) (modeled ILO estimate) in South Africa was reported at 32.1 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. In 2024, the unemployment rate in Southern Africa was 27.24 percent.