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StatsSA confirms increase in unemployment

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StatsSA has published the new employment statistics, revealing an increase in unemployment of 34.4 percent, and of those higher numbers, revealing women as the most impacted.

Statistics South Africa (StatsSA) published the country’s statistics on employment and unemployment rates for the second quarter of 2021 on Tuesday, 24 August 2021. According to the statistics, South Africa’s unemployment rate increased by 1.8 percentage points to 34.4 percent in the second quarter of 2021 (Q2:2021), compared to the first quarter (Q1:2021).

Moreover, 54 000 less people were employed in Q2:2021, with increases recorded in both unemployed and discouraged work seekers. The number of people who were not economically active declined by 386 000, compared to Q1:2021. The labour force participation rate is said to have increased by 1.1 percentage points from 56.4 percent in Q1:2021, to 57.5 percent in Q2:2021. Provincially, the Eastern Cape recorded the highest official and expanded unemployment rates. Limpopo and the Northern Cape, on the other hand, have more than 15.0 percentage points difference between their unemployment rates.

The graduate unemployment rate is 23.4 percent points lower than the national official unemployment rate, with the youth aged 15-24 and 25-34 recording the highest unemployment rates of 64.4 percent, and 42.9 percent, respectively. StatsSA also revealed that the unemployment rate among women is at 48.7 percent, 8.1 percentage points higher than that of their male counterparts, in the second quarter.

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