South Africa Unemployment Rate 2000-2014 | Data | Chart | Calendar

Unemployment Rate in South Africa decreased to 25.40 percent in the third quarter of 2014 from 25.50 percent in the second quarter of 2014. Unemployment Rate in South Africa averaged 25.27 Percent from 2000 until 2014, reaching an all time high of 31.20 Percent in the first quarter of 2003 and a record low of 21.50 Percent in the fourth quarter of 2008. Unemployment Rate in South Africa is reported by the Statistics South Africa.

      Forecast    
South Africa Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
25.40 25.50 31.20 21.50 2000 - 2014 percent Quarterly
In South Africa, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - South Africa Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - South Africa Unemployment Rate - was last refreshed on Monday, December 22, 2014.


South Africa Unemployment Rate Marginally Unchanged


South African jobless rate was little changed at 25.4 percent in the third quarter of 2014 from 25.5 percent in the previous period. Yet, the number of people who stopped looking for a job increased 3.9 percent and the labor force participation rate fell 0.2 percent to 57.1 percent.

In the three months to September, quarterly changes reflect an increase in employment (22 000) and a decrease in unemployment (3 000). Increases in employment were observed in both the formal and the informal sectors (88 000 and 28 000 respectively). Employment increased by 16 000 in the Agricultural industry, while a decrease of 110 000 was observed in Private households. The quarterly increase of 137 000 among the not economically active population was driven by an increase in discouraged job-seekers (95 000). 

Compared to a year earlier, employment increased by 81 000, largely due to increases in the formal and the informal sectors that grew by 134 000 and 85 000 jobs respectively in Q3 2014. Declines in employment were observed in both the Private household and the Agricultural industries – shedding 83 000 and 54 000 jobs respectively. The number of unemployed people increased by 271 000, resulting in a 0.9 of a percentage point increase in the unemployment rate. Among the not economically active population, the number of discouraged job-seekers increased by 217 000 while the other not economically active increased by 52 000.

Statistics South Africa | Joana Taborda | joana.taborda@tradingeconomics.com
10/30/2014 9:49:36 AM


Recent Releases

South Africa Unemployment Rate Rises in Q2
South African jobless rate increased for the second straight quarter to 25.5 percent in the three months to June, up from 25.2 percent in the preceding period. The number of unemployed persons increased to its highest level since 2008. Published on 2014-07-29

South Africa Unemployment Up to 25.2%
In the first quarter of 2014, South Africa’s jobless rate rose to 25.2 percent from 24.1 percent in the previous three months. There were 5.067 million people without work, up from 4.83 million in the preceding quarter, mainly due to job losses in agriculture, trade and transport. Published on 2014-05-05


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-05-05 10:30 AM
Unemployment Rate  Q1
25.2% 24.10% 24.60%
2014-07-29 12:00 PM
Unemployment Rate  Q2
25.5% 25.2% 25.4% 24.7%
2014-10-30 09:30 AM
Unemployment Rate  Q3
25.4% 25.5% 25.6% 25.5%
2015-02-10 09:30 AM
Unemployment Rate  Q4
25.4% 25.7%
2015-05-04 10:30 AM
Unemployment Rate  Q1
25.8%
2015-07-27 12:00 PM
Unemployment Rate  Q2
26.3%


South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 25.40 25.50 31.20 21.50 percent [+]
Employed Persons 8540000.00 8669000.00 8669000.00 3694977.00 [+]
Unemployed Persons 5150.99 5153.91 5153.91 3873.00 Thousand [+]
Labor Force Participation Rate 57.10 57.30 60.80 53.60 percent [+]
Wages 14911.00 14795.00 14911.00 6742.00 ZAR [+]
Wages in Manufacturing 14419.00 13997.00 14419.00 6250.00 ZAR [+]
Labour Costs 366.40 360.00 366.40 3.20 Index Points [+]
Population 52.98 52.27 52.98 17.40 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 65.00 60.00 [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Nov/14 6.20 10.90 4.00 percent [+]
Brazil 4.80 Nov/14 4.70 13.10 4.30 percent [+]
Canada 6.60 Nov/14 6.50 13.10 2.90 percent [+]
China 4.10 Aug/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Oct/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.90 Oct/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.20 Oct/14 12.90 13.20 5.90 percent [+]
Japan 3.50 Oct/14 3.60 5.60 1.00 percent [+]
Mexico 4.53 Nov/14 4.78 5.93 2.22 percent [+]
Netherlands 8.00 Nov/14 8.00 8.80 3.40 percent [+]
Russia 5.20 Nov/14 5.10 14.10 4.80 percent [+]
South Korea 3.40 Nov/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.20 Nov/14 3.10 5.40 1.60 percent [+]
Turkey 10.50 Sep/14 10.10 16.10 8.00 percent [+]
United Kingdom 6.00 Oct/14 6.00 12.00 3.40 percent [+]
United States 5.80 Nov/14 5.80 10.80 2.50 percent [+]