PRETORIA, June 1 (Reuters) – South Africa’s unemployment rate rose to a new record high of 32.6% in the first quarter of 2021 from 32.5% in the final quarter of 2020, the statistics agency said on Tuesday. The rate was the highest since the quarterly labour force survey began in 2008.
What country in Africa has the highest unemployment rate?
Highest Unemployment Rates
- South Africa: 28.5%
- Occupied Palestinian Territories: 26.1%
- Lesotho: 22.8%
- Eswatini: 22%5
Is unemployment high in Africa?
Recently published labor force data from Africa’s two largest economies, Nigeria and South Africa, show very high unemployment rates, with nearly one in two young people between 15 and 34 without a job.
What is SA current unemployment rate?
These minor changes resulted in the official unemployment rate increasing by 0,1 of a percentage point from 32.5% in the fourth quarter of 2020 to 32,6% in the first quarter of 2021 – the highest since the start of the QLFS in 2008.
Which country has most unemployment?
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.
|Country||Unemployment Rate||2021 Population|
Why unemployment in South Africa is so high?
Statistics South Africa (Stats SA) released the Quarterly Labour Force Survey (QLFS) on Tuesday, which showed that the increasing unemployment rate is due to more people joining the labour force, as economists expected. According to Stats SA, one million more people joined the labour force.
What is the poverty rate in Africa?
Poverty in Africa
In 2021, there are 490 million people in Africa living in extreme poverty, or 36% of the total population. This number is up from 481 million in 2019. Although this is an increase of just over 9 million, it represents an overall decrease as the population increased by roughly 30 million.
How is the education in Africa?
It is widely accepted that most of Africa’s education and training programs suffer from low-quality teaching and learning, as well as inequalities and exclusion at all levels. Even with a substantial increase in the number of children with access to basic education, a large number still remain out of school.
Does South Africa have the highest unemployment rate?
UPDATE 1-South Africa’s unemployment rate reaches new record high in first quarter. PRETORIA, June 1 (Reuters) – South Africa’s unemployment rate rose to a new record high of 32.6% in the first quarter of 2021 from 32.5% in the final quarter of 2020, the statistics agency said on Tuesday.
What was the highest unemployment rate in 2020?
Unemployment rate rises to record high 14.7 percent in April 2020
|Month||Total||Both sexes, 16 to 19 years|
Which country has the lowest employment rate?
Countries with the lowest unemployment rates:
Is South Africa considered poor?
As of 2019, an individual living in South Africa with less than 810 South African rands (roughly 47 U.S. dollars) per month was considered poor.
National poverty line in South Africa as of 2019 (in South African rand)
|Characteristic||Value in South African rand per person per month|
|Monthly upper-bound povery line||1,227|