Johnathan Paoli
Statistics South Africa has officially reported that the country’s official unemployment rate has breached the 32% mark again following the recent job losses in the fourth quarter of last year.
Stats SA released the Quarterly Labour Force Survey (QLFS) on Tuesday and confirmed that five industries have contributed to job losses in the last quarter.
QLFS Director Dihlolelo Phoshoko said that the number of unemployed persons increased by 46 000 to 7,9 million during the same quarter.
Phoshoko said the number of people who were not economically active for reasons other than discouragement increased by 218 000 to 13,4 million, while discouraged work-seekers decreased by 107 000 in the fourth quarter of 2023 compared to the third quarter of 2023, resulting in a net increase of 111 000 in the not economically active population.
The director said the changes in employment and unemployment resulted in the official unemployment
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