South Africa Unemployment Rate Up to 25.2% in Q1 2013


The labour force increased by 144 000 persons between Q4 of 2012 and Q1 of 2013. This increase is reflected in an increase in the number of both unemployed persons (100 000) and employed person (44 000), which saw the unemployment rate increase by 0,3 of a percentage point from 24.9% to 25.2% in Q1 of 2013.

Following from the first decrease in employment during the fourth quarter of a year observed in Q4 of 2012, employment increased during the first quarter of a year in Q1 of 2013. 

In the first three months of 2013, both the formal sector and the informal sector saw decreases in employment (25 000 and 13 000 persons respectively), while employment increased in agriculture and private households (54 000 and 29 000 persons respectively).
 
Between Q4 of 2012 and Q1 of 2013, the number of discouraged workseekers increased by 73 000; while other (not economically active) persons decreased by 106 000 resulting in a net decrease of 33 000 among the not economically active population.
 
Compared to a year ago, in Q1 of 2013 employment increased by 1.5% (199 000), unemployment increased by 1.7% (75 000), the number of discouraged work-seekers decreased slightly by 0.2% (5 000) and other (not economically active) increased by 1.5% (185 000), resulting in a 1.2% (179 000) increase in the not economically active population. 

 


South Africa Unemployment Rate Up to 25.2% in Q1 2013


Statistics South Africa | Joana Taborda | joana.taborda@tradingeconomics.com
5/6/2013 10:45:22 AM