DStv Channel 403 Thursday, 25 April 2024

SA's unemployment rate drops to 32.9% in third quarter

The official unemployment rate dropped to 32,9 percent in the third quarter from 33,9 percent in the second quarter.

JOHANNESBURG - South Africa’s jobless rate has decreased once again.

The official unemployment rate dropped to 32,9 percent in the third quarter from 33,9 percent in the second quarter.

READ: SA economy | Latest job numbers to be released

This means that 7,7 million people are officially unemployed in the country.

Under the expanded definition of unemployment -- which includes discouraged workers -- the jobless rate also decreased to 43.1 percent in the third quarter from 44,1 percent in the second quarter.

Under this definition 11,9 million people are out of work.

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