Third-quarter unemployment rate increases to 33.7%, youth figure dips
South Africa's official unemployment rate increased to 33.7% in the third quarter, from 33.6% in the second quarter, data published by Statistics South Africa (Stats SA) shows.
The latest Quarterly Labour Force Survey shows that the number of employed persons had increased by 101 000 to 16.8-million in the third quarter, while the number of unemployed persons also increased, by 97 000, to 8.6-million.
Discouraged job-seekers increased by 70 000 to 3.7-million, other available job-seekers decreased by 1 000 to 860 000 and unavailable job-seekers remained the same at 44 000, resulting in a net increase of 69 000, to 4.6-million, in the potential labour force, Stats SA reports.
Those outside the labour force for other reasons decreased by 150 000 to 12.4-million.
Stats SA notes that persons employed in the formal sector increased by 268 000 to 12.3-million in the third quarter, while persons employed in the informal sector and the household sector both decreased, by 98 000 and 68 000, respectively.
Increases in industry employment were mainly recorded in finance, manufacturing and mining.
The largest decreases in employment were recorded in private households, agriculture and construction.
By province, the Western Cape, North West, Eastern Cape and Gauteng recorded the highest increases in employment, while the Free State and Mpumalanga recorded decreases in employment in the third quarter.
In terms of youth unemployment, the number of unemployed persons between 15 and 34 years of age decreased by 23 000 to five-million, while employed youth recorded a decrease of 5 000, to 5.5-million. This resulted in a 0.1 percentage point decrease in the youth unemployment rate to 47.3%.
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