Employment Rate in South Africa decreased to 42.40 percent in the third quarter of 2019 from 42.44 percent in the second quarter of 2019. Employment Rate in South Africa averaged 43.17 percent from 2000 until 2019, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 41 percent in the first quarter of 2004. source: Statistics South Africa

Employment Rate in South Africa is expected to be 43.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in South Africa to stand at 43.00 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 44.20 percent in 2020, according to our econometric models.

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South Africa Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
42.40 42.44 46.17 41.00 2000 - 2019 percent Quarterly
NSA


South Africa Employment Rate
In South Africa, the employment rate measures the number of people who have a job as a percentage of the working age population.

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 29.10 29.00 30.40 21.50 percent [+]
Employed Persons 10142000.00 10172000.00 10174000.00 3694977.00 [+]
Unemployed Persons 6733.71 6655.00 6733.71 3873.00 Thousand [+]
Labor Force Participation Rate 59.90 59.80 60.80 53.60 percent [+]
Labour Costs 161.10 157.00 161.10 1.00 points [+]
Wages 21966.00 21432.00 21966.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19122.00 18798.00 19122.00 6250.00 ZAR/Month [+]
Population 58.78 57.73 58.78 17.46 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 60.00 60.00 65.00 60.00 [+]
Wages High Skilled 22600.00 20300.00 22600.00 19000.00 ZAR/Month [+]
Living Wage Family 11300.00 10700.00 11300.00 10700.00 ZAR/Month [+]
Living Wage Individual 6570.00 6140.00 6570.00 6140.00 ZAR/Month [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 58.20 56.40 58.20 48.80 percent [+]
Employment Rate 42.40 42.44 46.17 41.00 percent [+]