SA’s unemployment rate has reached a record high of 35.3%.
by 0.4 of a percentage point to 35.3% in the fourth quarter of 2021.However, the fourth quarter of 2021 showed that the number of employed people increased by 262,000 to 14.5-million and the number of unemployed people also increased by 278,000 to 7.9-million in the fourth quarter of 2021 compared to the third quarter of 2021.
“These changes in the labour market resulted in the official unemployment rate increasing by 0.4 of a percentage point from 34.9% in the third quarter of 2021 to 35.3% in the fourth quarter of 2021 — the highest since the start of the QLFS in 2008.
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