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President Cyril Ramaphosa said the triple challenge of unemployment, poverty and inequality needs to be addressed in South Africa. And while millions remain unemployed, marginal gains in tackling unemployment were made as the unemployment rate declined.

 


The economic and social consequences brought about by unemployment could negatively impact the growth of an entire country.


In the final months of 2021, South Africa’s unemployment rate rose to 35.3%, meaning that more than one in every three people living in the country are unemployed.

 


Earlier this week, Statistics South Africa released the Quarterly Labour Force Survey for the final quarter of 2021. Whilst unemployment rose countrywide, one province has celebrated the creation of jobs. 


The unemployment rate in South Africa increased during the final months of 2022 painting a grim picture of the job losses experienced by the country's population. 


Recent figures released by Statistics South Africa (StatsSA) have revealed that South Africa’s Growth Domestic Product (GDP) increased by 1,2% in the fourth quarter of 2021. 


The Department of Employment and Labour are currently conducting a blitz to check on compliance of businesses in the hospitality sector.


Statistics South Africa (StatsSA) have revealed that South Africa’s economy is still smaller than it was before the onset of the Covid-19 pandemic which was more than 20 months ago.


More than half a million jobs were lost in the third quarter of 2021 according to Statistics South Africa (Stats SA). 


Statistics South Africa (StatsSA) has released its Quarterly employment statistics (QES) for the second quarter of 2021. StatsSA found that around 86 000 formal jobs were lost during the second quarter of 2021.


Youth unemployment has hit a record high, with 64.4% of those aged 15 to 24 unemployed, according to Statistics SA. As more and more jobs are becoming available in the tech space, it is vital to bridge the digital skills gap in South Africa to minimise the youth unemployment rate and improve the livelihoods of young people in the country.


Employment and Labour Minister Thulas Nxesi believes that Covid-19 vaccination is key in our mission to stop the scourge of unemployment in South Africa. He called on eligible people to get their jab



Employment decreased by 34 000 quarter-on-quarter, from 9 651 000 in March 2017 to 9 617 000 in June 2017, Statistics South Africa (Stats SA) announced.

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