Unemployment improves slightly in second quarter
Stats SA says the latest figures show there has been job creation despite harsh economic conditions.
JOHANNESBURG - The unemployment rate has improved slightly compared to the first three months of this year coming in at around 25 percent for the second quarter.
Stats SA say during the first quarter the official unemployment rate was measured at 26,4 percent and the latest figures show there has been job creation despite harsh economic conditions.
Stats SA says as the economy battles and growth remains low this is welcome news.
It says that the results of the second quarterly survey show that the working age population is around 36 million, with 15,7 million employed.
The formal sector amounts for the largest share of new jobs contributing over 69 percent, with agriculture having the lowest at around 5,6 percent.
This amounts to more than 198,000 new jobs being created with increases in construction and general trade.
However, the unemployment figures are still concerning with the expanded rate which includes people who have given up looking for work, standing at around 34,9 percent.