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TheChamp
Honorary Master
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- Feb 26, 2011
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The official unemployment rate declined further to 33.9% in the second quarter of 2022, from 34.5% in the first, Statistics SA reported on Tuesday. Unemployment hit a record high of 35.3% in the fourth quarter of 2021.
Economists were expecting a rise in unemployment due to intensifying load shedding and the economic impact of devastating flooding in KwaZulu-Natal. A Bloomberg survey of five economists showed a median forecast of 35%.
www-news24-com.cdn.ampproject.org
Economists were expecting a rise in unemployment due to intensifying load shedding and the economic impact of devastating flooding in KwaZulu-Natal. A Bloomberg survey of five economists showed a median forecast of 35%.
SA adds more jobs in second quarter despite load shedding, floods | Business
South Africa's official unemployment rate declined to 33.9% in the second quarter of 2022.
www-news24-com.cdn.ampproject.org