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SA's unemployment rate drops to pre-Covid levels

Stock Image Pixabay


Statistics SA says the country's official unemployment rate during the third quarter of 2023 decreased by 0,7% to 31,9%.

Stats SA released the Quarterly Labour Force Survey on Tuesday.

Chief Director: Labour Statistics, Desiree Manamela said changes in employment and unemployment numbers during the third quarter resulted in the official unemployment rate decreasing from 32.6% in the second quarter of this year, to 31.9% in the third quarter.

The Stats SA data shows that the number of employed persons increased by 399,000 to 16.7 million, surpassing the pre-Covid level of 16,4 million.

The number of unemployed persons decreased by 72 000 to 7.8 million during the same quarter.

The Statistician-General, Risenga Maluleke said the number of people who were not economically active for reasons other than discouragement, decreased by 160,000 to 13.1 million.