Current unemployment rate highest since 2003

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...

Read More
Anger, disbelief (and praise!) for recommended R3500 national minimum wage

Anger, disbelief (and praise!) for recommended R3500 national minimum wage

The Money Show’s Bruce Whitfield interviews Chris Todd, Head of Employment at Bowmans, and Econometrix's Dr Azar Jammine.

Proposed R3500 minimum wage an important step in right direction - Gordhan

Proposed R3500 minimum wage an important step in right direction - Gordhan

Gordhan also spoke to Karima Brown about what South Africa needs to get right in order to avoid a downgrade.

Mashaba appoints former Gauteng Hawks boss to fight city corruption

Mashaba appoints former Gauteng Hawks boss to fight city corruption

Joburg Mayor inundated with corruption reports, picks Major General Shadrack Sibiya to head independent anti-corruption unit.

Mashaba targets corruption and unemployment after 60 days in office

Mashaba targets corruption and unemployment after 60 days in office

Mashaba was elected as City of Joburg mayor after the ANC's Parks Tau lost the polls earlier this year.

South Africans having fewer babies - StatsSA

South Africans having fewer babies - StatsSA

Statistician General Pali Lehohla says more people using contraceptives - and top boy and girl names are Junior and Precious.

Spending on failing students makes system expensive - Statistician-General

Spending on failing students makes system expensive - Statistician-General

400 000 students too many enrol at universities, placing a huge burden on the system, says Statistician-General Pali Lehohla.

Low student throughput clogging and costing universities - StatsSA

Low student throughput clogging and costing universities - StatsSA

Statistician-General Pali Lehohla explained that the number of student enrollments is disproportionate to the amount of graduates.

'Unemployment is real' - and other lessons Tweeps learnt from their 20s

'Unemployment is real' - and other lessons Tweeps learnt from their 20s

It's a hard knock life in your 20s, but later you'll can look back on the lessons that helped you grow, like these Twitter users.

SA economy on verge of disaster - Presidential economic advisor Prof Alan Hirsch

SA economy on verge of disaster - Presidential economic advisor Prof Alan Hirsch

“It will be a train smash… unless the malicious prosecution is halted,” says Hirsch.

SA's youth unemployment rate a 'national emergency' - Gordhan

SA's youth unemployment rate a 'national emergency' - Gordhan

Minister Pravin Gordhan praised government’s youth employment project which plans to give a million young people work experience.

Latest crime stats show increased murder rates

Latest crime stats show increased murder rates

National crime statistics released today for April 2015 to March 2016 show the murder trend is on the rise.

National minimum wage could stimulate the economy

National minimum wage could stimulate the economy

A panel of experts has been appointed to report on a proposed threshold for South Africa's minimum wage.

Poor service delivery means reduced quality of life says study

Poor service delivery means reduced quality of life says study

The Comfort and Deprivation Index by SAIRR monitors levels of comfort and discomfort based on local government performances.

 Business and labour must act to allay SA's jobs crisis - economist

Business and labour must act to allay SA's jobs crisis - economist

Stats SA's Quarterly Employment Survey has revealed that South Africa faces a devastating jobs crisis.

15 000 job losses in first quarter of 2016 - StatSA

15 000 job losses in first quarter of 2016 - StatSA

Mining, manufacturing, retail and hospitality are among the many industries to take a knock in the first three months of 2016.

'Lower levels of education are in both rich and poor black communities'

'Lower levels of education are in both rich and poor black communities'

Statistician-General, Pali Lehohla, says education is challenge across black communities, regardless of class.

Youth are the main perpetrators of crime, according to StatsSA analysis

Youth are the main perpetrators of crime, according to StatsSA analysis

StatsSA's Statistician-General, Pali Lehohla says inequality is the main driver for higher rates of crime in black communities.

Why is official food basket inflation rate higher than that of food retailers?

Why is official food basket inflation rate higher than that of food retailers?

Why do food retailers food basket have a lower inflation rate than StatsSA's release? Evan Walker, Analyst at 36one, explains why.

What SA could learn from Brazil's downgrade to junk status

What SA could learn from Brazil's downgrade to junk status

Xolani Gwala explores Brazil's economic downgrade to junk status by ratings agencies, looking at how SA can learn from this to possibly avoid junk status.

Unemployment fell by 1 percent

Unemployment fell by 1 percent

The quarterly labour force survey released today shows South Africa’s unemployment rate fell to 24.5%

'SA companies must properly implement labour laws to minimise retrenchments'

'SA companies must properly implement labour laws to minimise retrenchments'

In South Africa more than 160 000 people lost their jobs in the second quarter of 2015, compared with 2014, says StatsSA.

Do you believe the official inflation rate?

Do you believe the official inflation rate?

The public’s distrust in the official inflation rate poses a risk to inflations expectations (and therefore the inflation target).

Why South Africa needs entrepreneurs (not employees)

Why South Africa needs entrepreneurs (not employees)

South Africa’s unemployment rate is the stuff of legends. We need entrepreneurs (read “employers”), not more employees.

How much should you be paying your domestic worker?

How much should you be paying your domestic worker?

A new online tool has been developed to put what you pay your domestic worker into perspective.