Unemployment nears 26% – Stats SA

HvUnemployment2 Unemployment nears 26% – Stats SA

The unemployment rate rose by 0.4%, Stats SA has said.

This took the country’s official unemployment to 25.6% from 25.2% in the second quarter of 2013, Stats SA said in its Quarterly Labour Force Survey.

The Quarterly Labour Force Survey is a household-based sample survey conducted by Stats SA and covers the labour market activities of people aged 15 to 64.

Compared with a year ago, unemployment in the second quarter of this year had increased by 5.7%.

The number of discouraged jobseekers had increased by 35 000 from the first to the second quarter.

The number of those “not economically active” had decreased by 145 000, resulting in a net decrease of 110 000.

The post Unemployment nears 26% – Stats SA appeared first on City Press.

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