Job market sees positive recovery amid rising unemployment
Despite South Africa’s unemployment rate continuing to rise — reaching 33.5% in the second quarter of 2024 — the job market has shown some promising signs of recovery.
The August 2024 Job Market Trends report from Pnet, one of South Africa’s leading online recruitment platforms, offers a glimpse of optimism for job seekers.According to the report, local hiring activity increased by 8% between June and July 2024, indicating a steady upward trend.
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