Unemployment rate rises to 27.7%, highest for 14 years

South Africa’s unemployment rate has risen to 27,7% for the first quarter of 2017, according to Stats SA.

Stats SA released its Quarterly Labour Survey during a briefing in Pretoria on Thursday. 144 000 jobs were created in the first quarter, but the number has been offset but an additional 433 000 people seeking jobs.

All industries of employment enjoyed growth except for trade, services and agriculture.

“The biggest growth was observed in Manufacturing (62 000), Finance & other business services (49 000) and Mining (26 000),” according to Stats SA.

Young people between the ages of 15 and 34 made up 58% of the additional 433 000 people seeking jobs, raising the youth unemployment rate of young people to 38.6%

“Unemployment rate remained high among those with an education level of less than matric at 33.1% which is 5.4 percentage points higher than the national average. While the unemployment rate among graduates remained at 7.3%.”

The expanded unemployment rate, including individuals who would like to work but did not look for a job, rose to 36.4% with an additional 391 000 people. Overall, about 9.3 million people are not working but would like to work.

We make it make sense

If this story helped you navigate your world, subscribe to the M&G today for just R30 for the first three months

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.”

Related stories


Already a subscriber? Sign in here


Latest stories

Suicide cases soar in Zimbabwe

The economic crisis in the country appears to be pushing people over the mental edge

OPINION| New UK work visa to exclude graduates from Africa

If graduates did not get their qualifications from the list of top 50 universities, 40 of which are in the US, France, China, Hong Kong, Australia, Germany, Canada and Japan, they will be excluded

Hackers infiltrate SA illicit financial flows conference with porn clip

The conference was attended by state agencies, blue- chip global and local non-governmental agencies and public accountability experts

OPINION| South African audiences want more authentic and accurate diversity...

The media has the power to shape perceptions, so television shows and movies can help shape a positive view of people who feel stereotyped

press releases

Loading latest Press Releases…