JUST IN: Unemployment rate rises to 27.6% in first quarter of 2019

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South Africa's unemployment rate increased to 27.6% in the first quarter of 2019, Stats SA announced on Tuesday morning.

South Africa's unemployment rate increased to 27.6% in the first quarter of 2019, Stats SA announced on Tuesday morning. , meaning the rate has increased by half a percentage point.

According to the Quarterly Labour Force Survey for the first quarter, there are 16.3 million employed people and 6.2 million unemployed people between the ages of 15 and 64 years in South Africa. Ahead of the announcement on Tuesday, NKC African Economics projected an unemployment rate of 27.4%. Investec's Kamilla Kaplan, meanwhile, predicted last week that the figures could show a rise in the unemployment rate to 27.5%."The unemployment rate typically rises in the first quarter of the year as temporary employees hired in the service sector over the festive season are typically laid off," she noted.

 

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You get what you vote for

The new dawn

I bet Someone is shocked

Shocking

CyrilRamaphosa ngahafha morena. yol concerned about teaching grade 4s about masturbation...

since ya'll won elections MYANC, lets see you guys take this number to at least 24% by the end of the year... akere it's gonna be easy cos ya'll said we must vote for you so that you can reduce unemployment. CyrilRamaphosa

But the promise was to create jobs and thats what they voted for 4 years ago

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