SA unemployment rate down to 24.5%
The country’s unemployment rate declined by a percentage point in the fourth quarter of 2015, to 24.5% of the population.
According to the Quarterly Labour Force Survey, the working-age population was 36.3 million, of whom 16 million were employed, 5.2-million unemployed and 15.1-million not economically active.
Almost 66% of the unemployed were people between the ages of 15 and 34. Over half (57.6%) did not complete matric.
Year-on-year, the official unemployment rate increased by 0.2 percent of a percentage point.
Statistician General Pali Lehohla said on Thursday that the largest share of employment in the last quarter was in finance and other business sectors, trade, and community and social services.
Job losses were recorded in agriculture (37 000), manufacturing (36 000) and construction (21 000).
Lehola said that agriculture was a small but important contributor to the GDP.
Without it, “all life seizes to exist”, he said in the context of the sector’s job losses and the drought.
The losses were mainly driven by a decline in the growing of crops and combined farming of crops and animals.
Jobs in private households increased by 13 000 in the last quarter.
Lehohla addressed speculation around the survey results being re-scheduled until a day after National Budget. “As I stated, I delayed it because I had to do quality checks.”
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation