Best answer: What is South Africa’s unemployment rate?

South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg. The jobless rate rose to 34.4% in the second quarter from 32.6% in the three months through March, Statistics South Africa said Tuesday in a report released in the capital, Pretoria.

How many people are unemployed in South Africa?

Unemployed Persons in South Africa averaged 5219.50 Thousand from 2001 until 2021, reaching an all time high of 7800 Thousand in the second quarter of 2021 and a record low of 3873 Thousand in the fourth quarter of 2008.

Why South Africa unemployment is so high?

Sustained economic disruption from Covid-19, austerity measures, persistent inequality, and poor government policies have all been cited as contributors to the weak numbers.

What is China’s unemployment rate?

In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.

Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.

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Characteristic Unemployment rate
2020 4.24%
2019 3.62%
2018 3.8%
2017 3.9%

What is the poverty rate in South Africa in 2021?

As of 2021, an individual living in South Africa with less than 890 South African rands (roughly 62.8 U.S. dollars) per month was considered poor.

What is South Africa’s employment rate?

Employment Rate in South Africa averaged 42.74 percent from 2000 until 2021, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 36.26 percent in the second quarter of 2020.

Why is it so hard to get a job in South Africa?

South Africa has high unemployment, measured at 28.18% in 2019. … It can be tough to get work as a migrant in South Africa unless you have specific skills and qualifications needed in the country. Semi-skilled and unskilled jobs are hard to come by and employers prefer to recruit from the pool of unemployed locals.

What is the poverty rate in South Africa?

Approximately 55.5 percent (30.3 million people) of the population is living in poverty at the national upper poverty line (~ZAR 992) while a total of 13.8 million people (25 percent) are experiencing food poverty.

Which country has the highest unemployment rate in Africa?

In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent.

The 20 countries with the highest unemployment rate in 2017.

Characteristic Unemployment rate
Gabon 28%
South Africa 27.6%
Yemen 27%
Gaza Strip 26.7%

Which country has the highest unemployment rate 2021?

Here are the 10 countries with the highest rates of unemployment: Burkina Faso (77.00%) Syria (50.00%) Senegal (48.00%)

Unemployment by Country 2021.

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Country Unemployment Rate 2021 Population
Marshall Islands 36.00% 59,610
Republic of the Congo 36.00% 5,657,013
Namibia 34.00% 2,587,344
Kiribati 30.60% 121,392

Which country has the highest unemployment rate 2021 in Africa?

According to a new report released on Tuesday by Bloomberg, South Africa has the highest unemployment rate on a global list of 82 countries as the jobless rate increased to 34.4 per cent in Q2 2021 from 32.6 per cent in Q1 2021.

What is the unemployment rate in Russia?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Russia unemployment rate for 2020 was 5.73%, a 1.13% increase from 2019. Russia unemployment rate for 2019 was 4.60%, a 0.25% decline from 2018.

What is the unemployment rate in Germany?

This statistic shows the annual average unemployment rate in Germany from 2005 to 2021. For 2021 thus far, the annual average unemployment rate amounted to 5.9 percent.

Annual average unemployment rate in Germany from 2005 to 2021.

Characteristic Unemployment rate
2021¹ 5.9%
2020 5.9%
2019 5%
2018 5.2%

What is the unemployment rate in UK?

4. Summary

Level/Rate Change on year
Unemployment (000s, aged 16+) 1,550 +81
Unemployment rate (aged 16+) 4.6% +0.3pp
Economically inactive (000s, aged 16 to 64) 8,711 +75
Economic inactivity rate (aged 16 to 64) 21.1% +0.2pp