S.Africa's jobless rate eases to 24.3% in Q4 2014 - CNBC Africa

S.Africa's jobless rate eases to 24.3% in Q4 2014

Southern Africa

by Reuters 0

South Africa's unemployment rate decreased to 24.3 per cent of the labour force in the fourth quarter of 2014.

This was from 25.4 per cent in Q3, data showed on Tuesday.

In its quarterly labour force survey, which polls households, Statistics South Africa said this amounted to 4.909 million people without work in the last three months of the year, from 5.151 million in Q3.

The expanded definition of unemployment, which includes people who have stopped looking for work, was at 34.6 per cent in the fourth quarter from 35.8 per cent previously.

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