Thread by @StatsSA, [Thread] South Africa’s unemployment rate increase by 1,0 percentage point to 30,1% [...]

[Thread]
South Africa’s unemployment rate increase by 1,0 percentage point to 30,1% in Q1:2020 compared to Q4:2019. The unemployment rate usually increases between Q4 and Q1 each year.

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#StatsSA #unemployment

The working age population (15-64 years) in Q1:2020 was 38,9 million. The working age population (15 – 64 years) increased by 147 000 people between Q4:2019 and Q1:2020.

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#StatsSA #unemployment

The number of employed persons decreased by 38 000 between Q4:2019 and Q1:2020 and increased by 91 000 year-on-year.

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#StatsSA #employment

The labour force participation rate increased by 4,1 percentage points from 56,2% in Q1:2010 to 60,3% in Q1:2020.

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#StatsSA #employment

Labour market rates vary significantly depending on the education level.

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#StatsSA #employment

The #unemployment rate for those aged 25-34 (37,3%) is more than double that of the 45-54 (17,5%) year olds.

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#StatsSA

The #unemployment rate among the youth is higher irrespective of #education level. Graduate unemployment increased significantly for those aged 15 – 24 years.

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#StatsSA

Approximately 3,5 million (34,1%) of the 10,3 million young people aged 15-24 years were not in #employment, #education or training (NEET).

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#StatsSA #unemployment

NC recorded the highest rate of young people aged 15-24 years not in #employment, #education or training in Q1:2020.

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#StatsSA #unemployment

Over 8,5 million (41,7%) of the 20,4 million young people aged 15-34 years were not in #employment, #education or training (NEET). The overall NEET rate increased by 1,1 percentage points y/y.

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#StatsSA #unemployment

WC and GP recorded lower NEET rates than the national average (41,7%) among young people aged 15-34 years. The rate increased in all provinces except in EC.

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#StatsSA #employment

The number of persons employed decreased by 38 000 in Q1:2020 to 16,4 million q/q.

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#StatsSA #employment

Trade, construction and agriculture have higher #employment shares relative to their GDP contribution.

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#StatsSA

Employment gains were observed in Trade, Private households and Mining (q/q). Largest declines were observed in Finance, Services and Agriculture.

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#StatsSA #employment

Employment losses were mainly driven by Finance (50 000), Services (33 000), Agriculture (21 000) and Transport (17 000).

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#StatsSA #employment

The report shows that #employment gains were observed in Trade (71 000), Private households (30 000) and Mining (6 000).

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#StatsSA

Almost 30,0% of all persons employed in Q1:2020 were employed in elementary and domestic work occupations.

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#StatsSA #employment

The number of unemployed people in South Africa increased from 4,6 million in Q1:2010 to 7,1 million in Q1:2020. The proportion of those in long-term #unemployment increased from 64,0% in Q1:2010 to 71,7% in Q1:2020.

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#StatsSA

The report shows that the expanded #unemployment rate 39,7%.

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#StatsSA

Unemployment amongst the Black African population group remains higher than the national average and other population groups.

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#StatsSA #unemployment

Black African women are the most vulnerable with an #unemployment rate of over 30%.

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#StatsSA

Irrespective of gender, the black African and coloured population groups remain vulnerable in the labour market.

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#StatsSA #unemployment

EC recorded the highest official and expanded unemployment rates. LP, KZN and NC provinces all have more than 13,0 percentage points difference between their expanded and official unemployment rates.

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#StatsSA #unemployment

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