Unemployment Rate 2024 South Africa. The labour market shed an estimated 92 000 jobs, while the number of unemployed increased by 158 000. The month began with the release of the latest gross domestic product (gdp) figures, covering the second quarter of the year.
Data released by statistics south africa shows the official rate of unemployment went up to 33.5% in the quarter, up from 32.9% in the first quarter of 2024. Youth unemployment rate in south africa averaged 56.15 percent from 2013 until 2024, reaching an all time high of 66.50 percent in the third quarter of 2021 and a record low of 48.80 percent in the fourth quarter of 2014.
