Unemployment rate expected to increase

File: About 11-million working-age South African are jobless.

File: About 11-million working-age South African are jobless.

Wikimedia Commons

JOHANNESBURG - Analysts are expecting staggering job loss numbers when Statistics South Africa releases the unemployment rate for April to June on Tuesday.

It will be the first official indication of job losses due to the lockdown.

In the first three months of the year, the country’s official jobless rate rose to 30.1-percent.

READ: South Africa's unemployment rate increases

Economists expect the rate to jump to just under 35-percent in the second quarter.

When discouraged job seekers are considered, about 11-million working-age South African are jobless.

The Bureau for Economic Research believes close to a million more people were left without a job during the tight lockdown months of April to May.

Because of lockdown restrictions Statistics South Africa collected data via computer-assisted telephone interviews instead of face-to-face questions.

Source
eNCA