[ALERT] SA unemployment down 1% to 26.7%
StatsSA has announced that unemployment was down to 26.7% in the fourth quarter of 2017 from 27.7% in the third quarter.
PRETORIA - South Africa’s unemployment rate fell to 26.7% of the labour force in the fourth quarter of last year from 27.7% in the third quarter, the statistics office said on Tuesday.
In its quarterly labour force survey, which polls households, Statistics South Africa said this amounted to 5.9 million people without jobs in the three months to end December, compared with 6.2 million people previously.
The expanded definition of unemployment, which includes people who have stopped looking for work, fell to 36.3% in the fourth quarter, from 36.8% in the previous quarter.