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Unemployment increases to 29%

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South African Graduates rate is going up as well as unemployment.

South Africa’s unemployment crisis has soared to new heights.

The country’s unemployment rate has risen to 29% in the second quarter of 2019, the worst rate since 2008.

This is a 1.4% increase from 27.6% in first quarter of 2019.

Statistician general Risenga Maluleke presented the Quarterly Labour Force Survey for the second quarter of this year on Tuesday.

Finance, mining, construction, transport and private households have seen job losses.

Maluleke says young people remain vulnerable with the highest percentage of unemployment.

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