South Africa’s unemployment rate rises to 32.5%

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DURBAN, SOUTH AFRICA - MARCH 07: (SOUTH AFRICA OUT) Members of COSATU and other trade unions take part in a protest march on March 7, 2012 in Durban, South Africa. The unions embarked on a nationwide strike today, organizing "civil disobedience marches" against the introduction of e-tolling on Gauteng's roads and other issues - including the banning of labour. (Photo by Tebogo Letsie / The Times / Gallo Images / Getty Images)
DURBAN, SOUTH AFRICA – MARCH 07: (SOUTH AFRICA OUT) Members of COSATU and other trade unions take part in a protest march on March 7, 2012 in Durban, South Africa. The unions embarked on a nationwide strike today, organizing “civil disobedience marches” against the introduction of e-tolling on Gauteng’s roads and other issues – including the banning of labour. (Photo by Tebogo Letsie / The Times / Gallo Images / Getty Images)

A new report by Statistics South Africa says the country’s unemployment rate is now at 32.5% ,the highest since the start of the quarterly labour force survey in 2008.

This as the South Africa’s economy continues to take a beating from the COVID-19 pandemic.

The results of the latest survey, show that the number of unemployed South Africans increased by 701,000 to 7.2 million compared to the third quarter of 2020. This resulted in an increase of 1.0 million (up by 4.9%) in the number of people in the labour force.

Fifteen million South Africans now have jobs, after 333 000 others were employed during the fourth quarter.

(With input from SABC)

 

 

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