Unemployment Statistics In South Africa 2024
Unemployment Statistics In South Africa 2024. Everyone agrees that solving the unemployment problem in south africa is the number one priority for economic policy for the new government, as it has been for all governments. 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.
The quarterly labour force survey (qlfs) by statistics south africa (stats sa) indicates that the number of unemployed persons increased by 330 000 to 8.2 million during the. Despite its challenges, south africa is still receiving a steady stream of foreign direct investment inflows.