SA's unemployment rate rises to 32.6%

Tuesday 1 June 2021 - 12:45pm

The country's unemployment rate has reached a new high. Business editor Devan Murugan unpacks this. Courtesy #DStv403

JOHANNESBURG - South Africa’s official unemployment rate has risen to 32.6 percent between January and March 2021.

More than 7.2 million are officially unemployed.

READ: Record unemployment numbers expected

The expanded unemployment rate, which includes discouraged workers, now stands at 42.3 percent.

eNCA Business editor Devan Murugan talks to Investec chief economist, Annabel Bishop, to unpack the unemployment numbers. Courtesy #DStv403

Source
eNCA

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