Statistician General Dr. Pali Lehohla says South Africa's unemployment rate is moving in a worrying direction.
Today Stats SA announced that the country’s unemployment rate for the third quarter of 2016 has climbed to 27.1%.
This rate is the highest since 2003, when unemployment hit the same level.
Lehohla says the unemployment rate quarter-to-quarter increased by 0.5% to 27.1% despite significant employment growth in some sectors.
He says skills are fairly low in the country, but more graduates get employed.
Graduate unemployment is very slow showing that the economy has the appetite for absorbing those who have graduate qualifications. I think if we target those graduates the level of unemployment will still be tampered with.— Dr. Pali Lehohla, Statistician General
People who are graduates create more jobs. Your gardeners and domestic workers depend on graduates.— Dr. Pali Lehohla, Statistician General
Listen to Lehohla below for more information...
Lehohla also explained that the slight increase in unemployment is created by people who have started looking for jobs. And the market is not growing at a high enough rate to employ more people.
What we experienced in the quarter is an additional 239 000 people looking for work.— Barry Bateman, EWN reporter
Hear more from Barry Bateman in the audio below...