Employment Rate South Africa 2024. Economists polled by bloomberg expected unemployment to improve to below 32%. Unemployment, total (% of total labor force) (modeled ilo estimate) in south africa was reported at 27.99 % in 2023, according to the world bank collection of development indicators,.
South africa’s unemployment rate rose for the second quarter in a row to 32.9% in the first three months of this year, data showed on tuesday, two weeks before the governing african. Total employment in south africa decreased by 67,000 jobs, or 0.6%, in q1 2024.