Youth Unemployment Rate in South Africa increased to 63.30 percent in the first quarter of 2021 from 63.20 percent in the fourth quarter of 2020. source: Statistics South Africa

Youth Unemployment Rate in South Africa averaged 53.90 percent from 2013 until 2021, reaching an all time high of 63.30 percent in the first quarter of 2021 and a record low of 48.80 percent in the fourth quarter of 2014. This page provides - South Africa Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Youth Unemployment Rate in South Africa is expected to be 64.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in South Africa to stand at 62.80 in 12 months time. In the long-term, the South Africa Youth Unemployment Rate is projected to trend around 62.00 percent in 2022, according to our econometric models.

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South Africa Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
63.30 63.20 63.30 48.80 2013 - 2021 percent Quarterly

South Africa Labour Last Previous Highest Lowest Unit
Unemployment Rate 32.60 32.50 32.60 21.50 percent [+]
Employed Persons 14995.34 15023.55 16528.70 11666.00 [+]
Unemployed Persons 7242.00 7233.00 7242.00 3873.00 Thousand [+]
Labor Force Participation Rate 56.40 56.60 60.80 47.30 percent [+]
Labour Costs 166.10 162.20 177.40 1.00 points [+]
Wages 23122.00 23133.00 23133.00 6742.00 ZAR/Month [+]
Wages in Manufacturing 19552.00 19788.00 19788.00 6250.00 ZAR/Month [+]
Population 59.30 58.80 59.30 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 21.69 20.76 21.69 20.00 ZAR/Hour [+]
Youth Unemployment Rate 63.30 63.20 63.30 48.80 percent [+]
Employment Rate 38.01 38.20 46.17 36.26 percent [+]