unemployment rate sa

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South Africa's job market showed some mixed signals in the final quarter of 2023, with total employment declining but wages and earnings increasing. This was detailed in Statistics South Africa's latest release.


The number of unemployed people living in South Africa increased in the final three months of the year. This was revealed by Statistics South Africa earlier this week. 


While South Africa's rate unemployment remains a major cause for concern, slight improvement in employment was recorded in the third quarter of 2023. The unemployment rate has also declined. 

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