South Africa's official unemployment rate declined to 34.5% in the first quarter of 2022. | Fin24
According to the latest data, an estimated 370 000 jobs were gained between the fourth quarter of 2021 and the first quarter of 2022.
There is concern about the quality of employment data in SA, which has been collected via telephone since 2020. The latest quarterly numbers primarily used face-to-face interviews though. The official unemployment rate retreated from a record high of 35.3% in the fourth quarter of 2021 to 34.5% in the first quarter of 2022, Statistics SA reported on Monday.
For the second quarter in a row, the expanded unemployment rate - which includes discouraged work seekers who have given up looking for work – declined. It fell from 46.2% to 45.5%.According to the latest data, an estimated 370 000 jobs were gained between the fourth quarter of 2021 and the first quarter of 2022. The biggest job gains were recorded in community and social services, manufacturing and trade, while there were job losses in private households, finance, construction and agriculture.
The latest set of Quarterly Labour Force Survey numbers is published amid growing concern about the reliability of South Africa’s employment data.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bloody weekend on roads as 34 die in three crashes on N3 | News24It's been a bloody weekend on the country's roads, with 34 people losing their lives in three fatal road accidents on the N3. | Lisaleesolomon1
Read more »
This is South Africa's official unemployment rate for the first quarter of 2022 | The CitizenSouth Africa currently has a workforce of 14.9 million, while some 7.9 million citizens are unemployed.
Read more »
With oil prices set to rise, fuel industry says SA must 'bite the bullet' | Fin24As fuel prices are expected to rise, South Africa's petroleum industry says there is no way to alleviate the pressure on consumers. | Fin24
Read more »
SA on edge as monster fuel hike looms | Fin24Petrol prices may be hiked by close to R4 a litre on Wednesday - unless government steps in soon. | Fin24
Read more »
Concerns raised about low response rate in data collection process for QLFSThe unemployment rate reached a record high of 35.3% in the fourth quarter of last year while the expanded definition of joblessness stood at 46.2%.
Read more »