logo

South Africa’s unemployment rate rises to 29% in Q2

PUBLISHED: Tue, 30 Jul 2019 12:38:10 GMT

Share

PRETORIA (Reuters) – South Africa’s second quarter unemployment rate rose to 29.0%, its highest level in more than a decade, from 27.6% in the first quarter, official data showed on Tuesday.

There were 6.7 million people without jobs in the three months to the end of June, compared with 6.2 million people in the prior quarter, Statistics South Africa said its quarterly labour force survey.

“This is highest it has gone since the first quarter of 2008 since we began the quarterly labour force survey,” said Statistician General Risenga Maluleke.

Employment losses were mainly driven by private households, transport, mining and finance, Stats SA said.

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

The expanded definition of unemployment, which includes people who have stopped looking for work, rose to 38.5% in the second quarter from 38.0% in the previous quarter.

Reporting by Mfuneko Toyana; Writing by Tanisha Heiberg; Editing by Andrew Heavens