SA unemployment rate at 6 year high

From Agence France-Presse South Africa’s unemployment rate rose to its highest point in six years in the second quarter, with more than five million people out of work, official data showed on Tuesday. The unemployment rate in the three months to the end of June rose to 25.5 percent, from 25.2 percent in the first … Read more

SA’s unemployment rate rises to 25.2% in Q1 2014

PRETORIA (Reuters) – South Africa’s unemployment rate rose to 25.2 percent of the labour force in the first quarter of 2014 from 24.1 percent in Q4, data showed on Monday. In its quarterly labour force survey, which polls households, Statistics South Africa said this amounted to 5.067 million people without work in the first quarter, up from 4.83 … Read more