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SA Unemployment Rate Hits Highest Level Since 2008

Unemployment e1557829298237 - SA Unemployment Rate Hits Highest Level Since 2008

South Africa’s unemployment rate has increased by 1.4% in the second quarter of 2019 to 29%, the highest level since the first quarter of 2008, according to data released by Statistics South Africa.

The increase was a result of the number of people who were unemployed rising by 455,000 and the increase in the number of people who were employed rising by 21,000.

Statistician-General Risenga Maluleke released the Quarterly Labour Force Survey on Tuesday.

The data showed a slight increase from 27.6% in the first quarter.

Maluleke said this was the highest that the unemployment rate had gone since the survey was begun in 2008.

EWN

The post SA Unemployment Rate Hits Highest Level Since 2008 appeared first on iAfrica.com.

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