Business News

SA unemployment rate jumps to 29%

SABC News Unemployment - SA unemployment rate jumps to 29%

Statistics South Africa (Stats SA) says the country’s official unemployment rate has jumped to 29% in the second quarter of the year.

 

The unemployment figures were published by Stats SA on Tuesday morning.

 

It’s the highest jobless rate in eleven years.

 

The country’s unemployment rate was 27.6 in the first quarter of this year – from 27.1 in the previous period.

 

There are now 6.7 million unemployed people in South Africa.

 

The post SA unemployment rate jumps to 29% appeared first on SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Leave a Reply

Your email address will not be published. Required fields are marked *