JOHANNESBURG – The genuine unemployment rate has elevated all over again, in the first quarter of 2024.
The assortment of of us without jobs elevated by 330,000 to eight.2m, which equates to an unemployment rate of 32.9%.
Here’s up from 32.1% in the fourth quarter of 2023.
The sectors that shed the most jobs are community and social products and providers, train, finance and utilities.
A little encouraging is the assortment of employed folks. That most efficient elevated by 22,000 in the same length to 16.7m.ย
Mphoย Molopyane, Chief Economist atย Alexforbes, spoke to eNCA
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