Employment Rate in South Africa increased to 37.51 percent in the third quarter of 2020 from 36.26 percent in the second quarter of 2020. source: Statistics South Africa

Employment Rate in South Africa averaged 42.96 percent from 2000 until 2020, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 36.26 percent in the second quarter of 2020. 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 February of 2021.

Employment Rate in South Africa is expected to be 38.00 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 42.60 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 43.00 percent in 2021 and 44.00 percent in 2022, according to our econometric models.

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South Africa Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
37.51 36.26 46.17 36.26 2000 - 2020 percent Quarterly
NSA

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 30.80 23.30 30.80 21.50 percent [+]
Employed Persons 9581000.00 9548000.00 10231000.00 3694977.00 [+]
Unemployed Persons 6500.00 4300.00 7069.65 3873.00 Thousand [+]
Labor Force Participation Rate 54.20 47.30 60.80 47.30 percent [+]
Labour Costs 177.40 163.60 177.40 1.00 points [+]
Wages 22579.00 21448.00 22579.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 18857.00 17003.00 19379.00 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 [+]
Minimum Wages 20.76 20.00 20.76 20.00 ZAR/Hour [+]
Youth Unemployment Rate 52.30 59.00 59.00 48.80 percent [+]
Employment Rate 37.51 36.26 46.17 36.26 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.