The expanded definition which includes discouraged work-seekers and those having other reasons for not searching (e.g. Lockdown) showed 0,6 of a percentage point increase to 43,2% in Q1:2021 compared to Q4:2020.
EC recorded the highest official and expanded #unemployment rates. LP, NC and KZN provinces have more than 15,0 percentage points difference between their expanded and official unemployment rates.
The formal sector in South Africa accounts for 70,5% of total #employment. Formal sector #employment increased by 79 000 jobs between Q4:2020 and Q1:2021.
Approximately 3,3 million (32,4%) out of 10,2 million young people aged 15-24 years were not in #employment, #education or training (NEET). The overall NEET rate increased by 1,7 percentage points in Q1:2021 compared to Q1:2020.
Of the 15,0 million persons who were employed in Q1:2021, at least 8 in every 10 (81,3%) were expected to work during the national lockdown by the companies/organisations they work for.
91,3% of the employed continued to receive pay during lockdown compared to 88,9% in Q4:2020. 14,0% of those who received pay during lockdown were paid reduced salaries.
About 9 in 10 graduates received their full salary in Q1:2021. The share of those receiving full salary increased irrespective of level of #education between Q4:2020 and Q1:2021.
More than half of the #population live in 3 provinces - GP, KZN and WC. GP remains SA’s most populated province with approximately 15,5 million people (26%).
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South Africa’s unemployment rate increase by 1,0 percentage point to 30,1% in Q1:2020 compared to Q4:2019. The unemployment rate usually increases between Q4 and Q1 each year.
The working age population (15-64 years) in Q1:2020 was 38,9 million. The working age population (15 – 64 years) increased by 147 000 people between Q4:2019 and Q1:2020.
7 of the 10 industries contracted in Q4:2019. Transport and trade were the main drags on overall activity. Finance, mining and personal services registered positive growth.
The primary sector declined by 0,4% in Q4:2019. #Agriculture experienced its 4th consecutive quarter of negative growth, falling by 7,6%, while mining growth was driven largely by platinum group metals, iron ore & gold.
Listen here for more: bit.ly/2vpxFx2 #StatsSA#GDP