SA unemployment rate increased to 32.5% in Q4 of 2020 – Stats SA

JOHANNESBURG – South Africa’s unemployment rate increased to 32.5% in the fourth quarter of 2020 compared to the third quarter, according to data from Statistics SA.

While the results from the Quarterly Labour Force Survey for the fourth quarter of 2020 showed that the number of employed people increased to 15 million, it also showed that the number of unemployed people increased to 7.2 million.

According to the expanded definition of unemployment, the rate decreased by 0.5 of a percentage point to 42.6% in the fourth quarter.

[Thread] South Africas #unemployment rate increased by 1,7 percentage points to 32,5% in Q4:2020 compared to Q3:2020.

Read more here: https://t.co/Tn5PqWiA9q#StatsSA #employment pic.twitter.com/kayLZW4K41

Stats SA (@StatsSA) February 23, 2021

The Expanded definition, which includes discouraged and those having other reasons for not searching (e.g. Lockdown), showed 0,5 of a percentage point decrease to 42,6% in Q4:2020 compared to Q3:2020.

Read more here: https://t.co/Tn5PqWiA9q#StatsSA #employment #unemployment pic.twitter.com/lQbKKICelg

Stats SA (@StatsSA) February 23, 2021

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