Statistics South Africa (StatsSA) revealed that 370 000 jobs were gained between the fourth quarter of 2021 and the first quarter of 2022. This saw the number of employed individuals increase from 14,5 Million in the fourth quarter of 2021 to 14,9 Million in the first quarter of 2022.
The largest employment gains were recorded in Community and social services (281 000), Manufacturing (263 000) and Trade (98 000).
The official unemployment rate now stands at 34,5%, down 0,8% from the fourth quarter of 2021. South Africa’s labour comprises of around around 22,8 million people. While there are 40 million people of working age in the country, 17,3 million people are not economically active.
According to StatsSA, of the people who are not economically active, approximately 3,8 million are discouraged work seekers while 13,6 million people were categorised as other not economically active. This includes students, homemakers, people who are too old or too young to work and people who cannot work due to illness or disability.
The unemployment rate among the Black African (38,6%) population group remains higher than the national average (34,5%) and other population groups. The unemployment rate among White people was 10%, while 17,1% of Indian and Asians were unemployed. The unemployment rate among coloured people stood at 35,9% in the first quarter of 2022.