The labour market gained 370,000 jobs since the fourth quarter of 2021.
JOHANNESBURG - There were 11.7 million unemployed people in South Africa during the first quarter of the year despite an overall decline in the joblessness rates.
Stats SA said that the rate decreased by 0.8 percentage points from 35.3% in the fourth quarter of last year to 34.5% in the first few months of this year. Meanwhile, the expanded definition also saw a 0.7% decline, with more discouraged workers going out to the market, bringing the rate to 45%. The Quarterly Labour Force Survey is a household-based sample survey which records the labour market activities of individuals between the ages of 15 and 64.
Young people remain vulnerable in the labour market, with only 244,000 gaining employment in the first quarter of the year.South Africas #unemployment rate decreased by 0,8 of a percentage point to 34,5% in Q1:2022 compared to Q4:2021.#StatsSA pic.twitter.com/Tn6Vw0SIBg
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