SA's jobless rate drops to 24.1%

Comment on this story


Jobless1

.

File photo: Simphiwe Mbokazi.

Johannesburg - South Africa's unemployment rate eased to 24.1 percent of the labour force in the fourth quarter of 2013, the lowest in seven quarters, from a revised 24.5 percent in Q3, data showed on Tuesday.

In its quarterly labour force survey, which polls households, Statistics South Africa said this amounted to 4.83 million people without work in the fourth quarter, down from 4.88 million in the previous three months.

The expanded definition of unemployment, which includes people who have stopped looking for work, was at 34.0 percent. - Reuters


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks
Sudoku