Financial News: South Africa Jobless Rate Rises In Q1

South Africa Jobless Rate Rises In Q1

05/12/2026 - 08:32:00 (RTTNews)

(RTTNews) - South Africa's unemployment rate increased in the first quarter of 2026, data from Statistics South Africa showed on Tuesday.

The jobless rate rose to 32.7 percent in the first quarter from 31.4 percent in the fourth quarter of 2025. In the corresponding period last year, the unemployment rate was 32.9 percent.

The number of unemployed people increased to 8.14 million in the first quarter from 7.84 million in the previous three-month period.

Meanwhile, the number of employed people decreased to 16.7 million from 17.1 million.

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