Employment Rate in South Africa increased to 38.20 percent in the fourth quarter of 2020 from 37.51 percent in the third quarter of 2020. source: Statistics South Africa
Employment Rate in South Africa averaged 42.89 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 April of 2021.
Employment Rate in South Africa is expected to be 40.00 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 42.00 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 43.00 percent in 2022 and 44.00 percent in 2023, according to our econometric models.