Employment Rate in South Africa remained unchanged at 42.40 percent in the fourth quarter of 2019 from 42.40 percent in the third quarter of 2019.

Employment Rate in South Africa averaged 43.16 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. This page provides - South Africa Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Employment Rate - values, historical data and charts - was last updated on May of 2020. source: Statistics South Africa

Employment Rate in South Africa is expected to be 43.00 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 43.30 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 44.20 percent in 2021, according to our econometric models.

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South Africa Employment Rate

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

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 29.10 29.10 30.40 21.50 percent [+]
Employed Persons 10213000.00 10142000.00 10213000.00 3694977.00 [+]
Unemployed Persons 6700.00 6700.00 6700.00 3873.00 Thousand [+]
Labor Force Participation Rate 59.80 59.90 60.80 53.60 percent [+]
Labour Costs 160.50 161.10 161.10 1.00 points [+]
Wages 22500.00 21966.00 22500.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19377.00 19122.00 19377.00 6250.00 ZAR/Month [+]
Population 58.80 58.78 58.80 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 [+]
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 [+]
Minimum Wages 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Wages Low Skilled 4380.00 3960.00 4380.00 3840.00 ZAR/Month [+]
Youth Unemployment Rate 58.10 58.20 58.20 48.80 percent [+]
Wages High Skilled 22600.00 20300.00 22600.00 19000.00 ZAR/Month [+]
Employment Rate 42.40 42.40 46.17 41.00 percent [+]


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.