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Unemployment rate rises to 32.5% – Stats SA

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ACCOUNTABILITY AT THE HEART OF TRUST

Article by: Dumisane Dube

South Africa’s unemployment rate has increased to a record 32.5 percent between October and December 2020, the highest since the start of records in 2008 according to government statistics agency.

Stats SA said youth aged 15-24 years and 25-34 years recorded the highest unemployment rates of 63,2% and 41,2% respectively.

Black women are the most vulnerable with an unemployment rate of 38.5%.

Eastern Cape leads with unemployment stats in the country, the Western Cape is the least affected with a rate of 26.8%.

The country’s economic hub, Gauteng, has the second-highest unemployment rate at 41%.

 “We have seen that we are sitting in Q3 at 6.5 million people unemployed. When we say unemployed we are talking about people who are actively looking for employment. This increased by 701,000 people.” Said stats SA.

The unemployment rate among black people now stands at 36.5% – higher than the national average and other population groups.

The number of unemployed rose by 701,000 to 7.2 million compared to the third quarter of 2020.

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