DStv Channel 403 Wednesday, 27 November 2024

SA unemployment rate at 32.1% in third quarter

JOHANNESBURG - Stats SA has just released the highly anticipated labour market data for the third quarter of 2024.

The outlook remains grim, with the country’s unemployment rate continuing upward.

                  WATCH | Job market continues to reflect a decline in hiring

In the first quarter of 2024, South Africa’s unemployment rate stood at 8.2 million, increasing to 8.4 million by the second quarter, with youth unemployment particularly pronounced.

eNCA Business anchor, Melissa Tighy has more details on the story.

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