[Thread]
South Africa’s unemployment rate increase by 1,0 percentage point to 30,1% in Q1:2020 compared to Q4:2019. The unemployment rate usually increases between Q4 and Q1 each year.
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#StatsSA
#unemployment
The working age population (15-64 years) in Q1:2020 was 38,9 million. The working age population (15 – 64 years) increased by 147 000 people between Q4:2019 and Q1:2020.
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#StatsSA
#unemployment
The number of employed persons decreased by 38 000 between Q4:2019 and Q1:2020 and increased by 91 000 year-on-year.
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#StatsSA
#employment
The
#unemployment
rate among the youth is higher irrespective of
#education
level. Graduate unemployment increased significantly for those aged 15 – 24 years.
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#StatsSA
Over 8,5 million (41,7%) of the 20,4 million young people aged 15-34 years were not in
#employment
,
#education
or training (NEET). The overall NEET rate increased by 1,1 percentage points y/y.
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#StatsSA
#unemployment
WC and GP recorded lower NEET rates than the national average (41,7%) among young people aged 15-34 years. The rate increased in all provinces except in EC.
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#StatsSA
#employment
Employment gains were observed in Trade, Private households and Mining (q/q). Largest declines were observed in Finance, Services and Agriculture.
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#StatsSA
#employment
Employment losses were mainly driven by Finance (50 000), Services (33 000), Agriculture (21 000) and Transport (17 000).
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#StatsSA
#employment
The number of unemployed people in South Africa increased from 4,6 million in Q1:2010 to 7,1 million in Q1:2020. The proportion of those in long-term
#unemployment
increased from 64,0% in Q1:2010 to 71,7% in Q1:2020.
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#StatsSA
Unemployment amongst the Black African population group remains higher than the national average and other population groups.
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#StatsSA
#unemployment
Irrespective of gender, the black African and coloured population groups remain vulnerable in the labour market.
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#StatsSA
#unemployment
EC recorded the highest official and expanded unemployment rates. LP, KZN and NC provinces all have more than 13,0 percentage points difference between their expanded and official unemployment rates.
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#StatsSA
#unemployment