SA unemployment rate increased to 32.5% in Q4 of 2020
While the outcomes from the Quarterly Labour Force Survey for the fourth quarter of 2020 confirmed that the quantity of employed individuals increased to 15 million, it additionally confirmed that the quantity of unemployed individuals increased to 7.2 million.
JOHANNESBURG – South Africa’s unemployment rate increased to 32.5% in the fourth quarter of 2020 in contrast to the third quarter, in accordance to knowledge from Statistics SA.
While the outcomes from the Quarterly Labour Force Survey for the fourth quarter of 2020 confirmed that the quantity of employed individuals increased to 15 million, it additionally confirmed that the quantity of unemployed individuals increased to 7.2 million.
According to the expanded definition of unemployment, the rate decreased by 0.5 of a share level to 42.6% in the fourth quarter.
[Thread] South Africas #unemployment rate increased by 1,7 share factors to 32,5% in Q4:2020 in contrast to Q3:2020.
Read extra right here: https://t.co/Tn5PqWiA9q#StatsSA #employment pic.twitter.com/kayLZW4K41
Stats SA (@StatsSA) February 23, 2021
The Expanded definition, which incorporates discouraged and people having different causes for not looking out (e.g. Lockdown), confirmed 0,5 of a share level lower to 42,6% in Q4:2020 in contrast to Q3:2020.
Read extra right here: https://t.co/Tn5PqWiA9q#StatsSA #employment #unemployment pic.twitter.com/lQbKKICelg
Stats SA (@StatsSA) February 23, 2021
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