Admin Table of Contents
What was the overall unemployment rate in 2014?
5.8 percent
The rate in 2014 (5.8 percent) was lower than in 2010 but higher than it had been in either 2008 or 2000. Generally, at each level of educational attainment for both age groups, the unemployment rate in 2014 was lower than the unemployment rate in 2010, but higher than the rates in 2008 and 2000.
What is the unemployment rate of youth in South Africa?
African youth (15-34 years) have the worst unemployment rate compared to the other groups, at 57%.
What is the rate of youth unemployment?
The national youth unemployment rate can be compared to the annual national unemployment rate in the United States. In 2020, annual U.S. unemployment was at 8.1 percent, down from 9.6 percent unemployment in 2010….
| Characteristic | Unemployment rate |
|---|---|
| Dec ’20 | 12.5% |
| Nov ’20 | 11.6% |
| Oct ’20 | 11.8% |
What is the youth unemployment rate in South Africa in 2021?
Youth Unemployment Rate in South Africa averaged 54.21 percent from 2013 until 2021, reaching an all time high of 64.40 percent in the second quarter of 2021 and a record low of 48.80 percent in the fourth quarter of 2014.
What was the unemployment rate 2016?
The unemployment rate (U-3), measured as the number of persons unemployed divided by the civilian labor force, rose from 5.0% in December 2007 to peak at 10.0% in October 2009, before steadily falling to 4.7% by December 2016 and then to 3.5% by December 2019.
What is South Africa’s unemployment rate 2020?
around 28.74 percent
In 2020, the unemployment rate in South Africa was around 28.74 percent.
Which country has the highest youth unemployment rate?
South Africa
Youth unemployment, ages 15-24, 2019 – Country rankings: The highest value was in South Africa: 57.47 percent and the lowest value was in Cambodia: 0.37 percent.
How do you measure youth unemployment rate?
For a given age group, it is the number of those unemployed divided by the total number of people in the labour force (employed plus unemployed).
What percentage of 18 year olds have a job?
Last summer’s average employment rate for 16- and 17-year-olds was 22.3%, down 2 percentage points from 2019. But for 18- and 19-year-olds, summer employment last year averaged 40.5%, compared with 47.8% in 2019.
What is the current unemployment rate in South Africa 2021 Stats SA?
34,4%
The official unemployment rate was 34,4% in the second quarter of 2021. The results of the Quarterly Labour Force Survey (QLFS) for the second quarter of 2021 show that the number of employed persons decreased by 54 000 in the second quarter of 2021 to 14,9 million.