Unemployment down in last quarter of 2017

File: A decline in the unemployment figure was observed across all age groups, Statistic South Africa has revealed. Photo: JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / AFP

JOHANNESBURG - Unemployment declined by one percentage point from 26.7 percent to 27.7 percent in the fourth quarter of 2017, Statistics South Africa revealed on Tuesday.

Formal sector employment declined by 135,000 jobs, while the informal sector employment increased by 119,000.

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The decline in the unemployment figure was observed across all age groups.

But it was highest among the youth, irrespective of educational level.

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