Labor Force Participation Rate in South Africa increased to 54.20 percent in the third quarter of 2020 from 47.30 percent in the second quarter of 2020. source: Statistics South Africa

Labor Force Participation Rate in South Africa averaged 57.16 percent from 2001 until 2020, reaching an all time high of 60.80 percent in the first quarter of 2001 and a record low of 47.30 percent in the second quarter of 2020. This page provides - South Africa Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Labor Force Participation Rate - values, historical data and charts - was last updated on February of 2021.

Labor Force Participation Rate in South Africa is expected to be 53.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in South Africa to stand at 54.30 in 12 months time. In the long-term, the South Africa Labor Force Participation Rate is projected to trend around 54.20 percent in 2021 and 55.00 percent in 2022, according to our econometric models.

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South Africa Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
54.20 47.30 60.80 47.30 2001 - 2020 percent Quarterly

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 61.30 52.30 61.30 48.80 percent [+]
Employment Rate 37.51 36.26 46.17 36.26 percent [+]


South Africa Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.