Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

South Africa's unemployment rate rises to 32.5% in Q4 2020

02/23/2021 | 04:51am EST
Men hold placards offering temporal employment services in Glenvista, south of Johannesburg

PRETORIA (Reuters) - South Africa's unemployment rate jumped to a new record high of 32.5% in the fourth quarter of 2020 from 30.8% in the third quarter, the statistics agency said on Tuesday.

Statistics South Africa put the number of unemployed at 7.2 million people in the fourth quarter, compared to 6.5 million in the previous three months.

According to an expanded definition of unemployment that includes those discouraged from seeking work, 42.6% of the labour force was without work in the October-December quarter, amounting to 11.1 million people, Stats SA data showed.

(Reporting by Mfuneko Toyana, writing by Olivia Kumwenda-Mtambo, Editing by Catherine Evans)


© Reuters 2021
Latest news "Economy & Forex"
05:44aDERBY'S TAKE  : After Bond-Market Tumult, Some See Need for Stronger Fed Response
DJ
05:42aNorway central bank's birger vikoren among applicants to become new deputy norway central bank governor -norway central bank
RE
05:41aAdevinta, eBay to sell UK units to secure $9.2 billion tie-up
RE
05:40aEUROPE POWER-Day-ahead prices fall on rising supply
RE
05:38aUK banks face savings glut on road to pandemic recovery
RE
05:37aGOVERNMENT OF REPUBLIC OF LITHUANIA  : Commission endorses methodology principles for trade in electricity with third countries
PU
05:21aGerman exports to UK fell almost a third in January as Brexit hit
RE
05:19aGerman exports to UK fell almost a third in January as Brexit hit
RE
05:08aFlutter's bet on booming US market bears fruit, earnings jump
RE
05:04aUK's Taylor Wimpey sees recovery building in 2021 after good start
RE
Latest news "Economy & Forex"