INFOGRAPHIC: What SA's alarming unemployment figures show | Fin24
 
In partnership with
  • Cutting Back

    BP's CEO says he plans to sell some oil projects to meet climate targets in Paris agreement.

  • No-Deal Brexit

    The UK's worst-case scenario warns of food shortages and public disorder.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

INFOGRAPHIC: What SA's alarming unemployment figures show

May 10 2016 20:26

Cape Town - A total of 355 000 jobs were shed across the formal and informal sectors of the economy in the first quarter of 2016 - soaring to the highest rate since 2008.

The Quarterly Labour Force Survey by Stats SA indicated that the biggest job losses were observed in trade (119 000) and manufacturing (100 000) and construction (77 000).

At 30.1% the black African population has the highest unemployment and lowest absorption rate in South Africa.

See the below infographic for all the details:

unemployment  |  sa economy
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What's your view on deep sea mining?

Previous results · Suggest a vote

Loading...