Q1 employment stats sees 8,5 million SA youth without jobs
JOHANNESBURG - Almost 40,000 South Africans lost their jobs in the first three months of 2020, bringing the country's unemployment rate to 30.1%.
The expanded unemployment rate, which includes people who do not have jobs and have given up on looking for one, is edging on the 40% mark at 39.7%.South Africa’s unemployment rate increase by 1,0 percentage point to 30,1% in Q1:2020 compared to Q4:2019. The unemployment rate usually increases between Q4 and Q1 each year.— Stats SA June 23, 2020 Unemployment amongst the Black African population group remains higher than the national average and other population groups.
It's also important to note that these stats were recorded for the first three months of the year - before South Africa went under lockdown due to the coronavirus. Youth unemployment now stands at 41.7%. Divided between genders, 32.4% of women are unemployed, while 33.8% of black Africans are unemployed.
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