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- Results contained in the fourth quarter of 2021 of Quarterly Labour Laws of South Africa show that the number of unemployed people continued to increase notwithstanding an economic pickup
Results contained in the fourth quarter of 2021 of Quarterly Labour Laws of South Africa show that the number of unemployed people continued to increase notwithstanding an economic pickup. The publication is brought out by Statistics South Africa and is relating to fourth quarter of 2021. The official unemployment rate reaches a historic 35,3% and is the highest rate since 2008.
This report covers labour market activities of persons aged 15–64 years. The results show a 0,3% rate increase compared to the third quarter of 2021. Employment declines are mainly in manufacturing (85 000), followed by construction (25 000), utilities (14 000) and Transport (13 000).
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The number of employed persons increased by 262 000 to 14,5 million. It is equally significant that the number of unemployed persons also increased by 278 000 to 7,9 million in the 4th quarter of 2021 compared to the 3rd quarter of 2021. The fourth quarter results are expected to come any time.
