Statistics South Africa has announced that the number of unemployed persons increased by 62 000 to 6.2 million in the first quarter of the year.
16,3m people were #employed in Q1:2019, down by 237 000 q/q #StatsSA https://t.co/OODgZ8GCaZ pic.twitter.com/p5Ta4J2sWp
— Stats SA (@StatsSA) May 14, 2019
The country’s unemployment rate was recorded at 27.6% in the first quarter of this year, up from 27.1% in the fourth quarter of 2018.
#Youth unemployment rate remains high. #Unemployment rate for 25-34 year olds was 34,2% and 55,2% for 15-24 year olds #StatsSA https://t.co/OODgZ8GCaZ pic.twitter.com/JaAxrm3P3G
— Stats SA (@StatsSA) May 14, 2019
A decline in employment was observed in all sectors (Formal sector, Informal sector, Agriculture and Private households) in the first quarter of 2019, compared to the fourth quarter of 2018.
The Labour force participation rate down to 58,8% in Q1:2019 q/q. Absorption rate also declined to 42,6% #StatsSA #Unemployment https://t.co/OODgZ8GCaZ pic.twitter.com/pvYk8ynLar
— Stats SA (@StatsSA) May 14, 2019
The results further indicate that the number of discouraged work-seekers increased by (156 000) and the other not economically active population by 169 000 resulting in the net increase of 325 000 in the number of those who were not economically active.
Employment gains were recorded in the transport sector, trade, utilities and manufacturing.
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