Statistics South Africa (StatsSA) released the Quarterly Labour Force Survey for the second quarter of 2020. The data reflects a gloomy picture of the country’s unemployment rate.
According to StatsSA, over 2.2 million jobs were lost between April and June 2020 as companies shed jobs amid the coronavirus (COVID-19) pandemic.
StatsSA revealed how unemployment in SA decreased by 6.8 percentage points to 23.3% in the second quarter compared to the first quarter of 2020.
Economic experts have criticized the latest quarterly report by Stats SA, noting how the data is “confusing”.