Home Community Unemployment rises to 29.1% in third quarter

Unemployment rises to 29.1% in third quarter

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South Africa’s unemployment rate has gone up by 0.1% to reach 29.1% in the third quarter of 2019, Statistics South Africa (Stats SA) announced on Tuesday.

“The unemployment rate for the third quarter of 2019 is 29.1%, having risen by 0.1 of a percentage point from the second quarter,” Statistician General Risenga Maluleke said at the release of the Quarterly Labour Force Survey (QLFS).

Speaking at a media briefing held at the Government Communication and Information System (GCIS) in Pretoria, Maluleke said in the third quarter, there were 6.7 million people that were unemployed, while the working age population in the household survey was at 38.6 million in the third quarter.

According to the data, over the last 10 years, the unemployment rate has increased by 4.6% between the third quarter of 2009 and the third quarter of 2019.

Meanwhile, the working age population (16 to 64) increased by 149 000 people between the second and third quarter.

According to the report, labour market rates varied significantly depending on one’s education level.

“Those with less than matric are sitting at 34.4% having decreased by 0.1% and those with matric are sitting with 29.8%. Those who are graduates are sitting at 8.2% and ‘other tertiary’ at 19.1%,” he said.

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