6.2 million South Africans are actively looking for a job but can’t find one

pixabay.com (2018)

South Africa's unemployment rate rose to 27.5% in the third quarter of 2018 from 27.2% in the second quarter, Statistics South Africa said on Tuesday.

There were 6.2 million jobless people in Q3/2018; about 100 000 more than in Q2/2018.

The unemployment rate is 37.3% when including people who have stopped actively looking for work.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Pay less fees and tax on your investments. Diversify. Then be patient…

Pay less fees and tax on your investments. Diversify. Then be patient…

The market is toast. Don’t leak money! Bruce Whitfield interviews Craig Gradidge, South Africa’s top wealth manager.

Menthols far deadlier than regular cigarettes, finds FDA. BAT shares tumble 11%

Menthols far deadlier than regular cigarettes, finds FDA. BAT shares tumble 11%

A proposed FDA ban wiped R176bn from British American Tobacco's market cap. Bruce Whitfield talks to Dr Richard van Zyl-Smit.

3 best shares to buy this week (by Cannon Asset Managers)

3 best shares to buy this week (by Cannon Asset Managers)

Dr Adrian Saville shares his stock picks of the week.

Vodacom adds 373 000 subscribers, increases dividends (while MTN cuts)

Vodacom adds 373 000 subscribers, increases dividends (while MTN cuts)

The issuing of 114m shares to meet BEE targets weighed on Vodacom's results. Bruce Whitfield interviews CEO, Shameel Joosub.

Exhausted? How energise by preparing for 2019 before winding down

Exhausted? How energise by preparing for 2019 before winding down

Ray White interviews Pavlo Phitidis, small business guru and founder of Aurik Business Accelerator.

Jomo Sono takes on DStv, Netflix, Showmax with free TV streaming service TV2GO

Jomo Sono takes on DStv, Netflix, Showmax with free TV streaming service TV2GO

With 100 channels and on-demand content, he is targeting 500 000 viewers within a year. Ray White interviews Sono.

Popular articles
[READ] Mountain Bikers came, saw and conquered at the Telkom 947 Cycle Challenge

[READ] Mountain Bikers came, saw and conquered at the Telkom 947 Cycle Challenge

Mountain bikers gathered at Riversands Commercial Park on the 11th November 2018 to participate in the 25km and 55km route at the Telkom 947 Cycle Challenge.

Are you getting enough sex? Here's the truth about how often other couples do it

Are you getting enough sex? Here's the truth about how often other couples do it

Is there such a thing as too little or too much sex in a relationship? Dr Eve shares findings on the frequency of sex in couples.

Telkom 947 cycle challenge road closures update

Telkom 947 cycle challenge road closures update

Joburg motorists are urged to take note of road closures during the 2018 Telkom 947 Cycle Challenge.

[WATCH] South Africans going crazy doing the #MalwedheChallenge

[WATCH] South Africans going crazy doing the #MalwedheChallenge

The Road Traffic Management Corporation (RTMC) has issued a warning asking people not to do the challenge while driving.

NPO director murdered in his Cape Town home, mourned

NPO director murdered in his Cape Town home, mourned

Curran was found stabbed to death in his Cape Town home about 48 hours ago.

Post Office CEO sets deadline to clear backlog of 13 MILLION parcels and letters

Post Office CEO sets deadline to clear backlog of 13 MILLION parcels and letters

Sapo CEO Mark Barnes says they are hoping to clear the backlog of millions of items by 24 November.

[LISTEN] A look at Gordhan’s explosive submission to the Zondo Commission

[LISTEN] A look at Gordhan’s explosive submission to the Zondo Commission

In the written submission Minister Pravin Gordhan details executive appointments, campaigns of harassment and intimidation.