South Africa's unemployment rate rises to 27.6% in first quarter | IOL Business Report

United States News News

South Africa's unemployment rate rises to 27.6% in first quarter | IOL Business Report
United States Latest News,United States Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

South Africa's unemployment rate rises to 27.6% in first quarter busrep

JOHANNESBURG - Statistics South Africa today said that the number of employed persons decreased by 237 000 to 16,3 million in the first three months of this year, taking the unemployment rate to 27.6 percent from 27.1 percent in the last quarter of last year.

“The Formal sector recorded the largest employment losses of 126 000, followed by the Informal sector , Private households and Agriculture ,” StatsSA said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Newsdeck: South Africa’s ANC celebrates election win with street partyNewsdeck: South Africa’s ANC celebrates election win with street partyJOHANNESBURG, May 12 (Reuters) - Thousands of supporters of South Africa's African National Congress (ANC) took to the streets of downtown Johannesburg on Sunday to celebrate victory in last week's election despite a lower share of the vote.
Read more »

South Africa inks oil exploration deal with South SudanSouth Africa inks oil exploration deal with South SudanSouth Sudan has an estimated 3.5-billion barrels of oil with only 30% of it being explored, Petroleum Minister Ezekiel Lol Gatkuoth said at the signing ceremony.
Read more »

DA comfortably wins overseas voteDA comfortably wins overseas voteClose to 20,000 South Africans cast their votes abroad on April 27
Read more »

DA comfortably wins overseas voteDA comfortably wins overseas voteClose to 20,000 South Africans cast their votes abroad on April 27
Read more »

5 former Miss SA winners launch Miss South Africa 2019 after Cell C pulls out | IOL Entertainment5 former Miss SA winners launch Miss South Africa 2019 after Cell C pulls out | IOL EntertainmentFive former Miss South Africa winners have launched Miss South Africa 2019 which will take place on Women’s Day. IOL_Lifestyle
Read more »

Agri SA congratulates IEC and South Africa on successful electionsAgri SA congratulates IEC and South Africa on successful electionsAgri SA looked forward to the constituting of the sixth parliament and the policy development that would be driven by this institution.
Read more »

OPINIONISTA: Public holidays: Enough already, South AfricaOPINIONISTA: Public holidays: Enough already, South AfricaFive out of the last eight weeks have harboured a public holiday, wreaking havoc with our ability to do business. Three of them occurred midweek – a phenomenon that incentivises the taking of additional leave days by a large chunk of the diminishing working population that supports our frail economy. We need an intervention.
Read more »

Our people voted for a united South Africa: RamaphosaOur people voted for a united South Africa: RamaphosaAfter the official declaration of the results in Pretoria, President Cyril Ramaphosa said democracy has emerged victorious.
Read more »

Newsdeck: ASA to appeal Caster Semenya testosterone rulingNewsdeck: ASA to appeal Caster Semenya testosterone rulingCape Town - Athletics South Africa (ASA) will appeal the court decision forcing Caster Semenya to take medication to lower her natural levels of testosterone.
Read more »



Render Time: 2025-03-11 04:03:09