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Unemployment rate increases to 32.5% in the fourth quarter of 2020

23 February 2021 2:04 PM
Tags:
Stats SA unemployment stats
Chronic unemployment
68000 jobs lost in SA in the last four months of 2012
SA Unemployment
Risenga Maluleke, Statistician-General - Statistics South Africa

Statistician-General Risenga Maluleke says people are moving from working from home and going back to their workplaces.

South Africa’s unemployment rate increased to 32.5% in the fourth quarter of 2020 compared to the third quarter, according to data from Statistics SA.

Statistician-general Risenga Maluleke has more on this.

For us, as statisticians, we never get worried about whether it is a grim situation or not because we have to look at the numbers available because if we start thinking about a concerning situation we will then not make numbers available.

Risenga Maluleke, Statistician-general - Statistics SA

In the third quarter of 2020, we had about 14,7-million people unemployed and that increased by 333,000 people and 20-million people employed. In Quarter 3 were sitting at 6,5-million unemployed.

Risenga Maluleke, Statistician-general - Statistics SA

When we say unemployed we are talking about people who are actively looking for employment. This increased by 701,000 people, straight to 7,2-million people, who then represent the 32,5% as our unemployment rate.

Risenga Maluleke, Statistician-general - Statistics SA

When you look at all these people, the 7,2-million people, if we add the discouraged work-seekers who are about 2.9-million people as well as another million who didn't look for employment for whatever reason but would have taken it had been available, then we come to 11,1-million. The 11,1-million people represent what we call the expanded unemployment rate of 42,6%.

Risenga Maluleke, Statistician-general - Statistics SA

From Quarter 2 of 2020, 73% said they were expected to work during the fourth quarter of 2020. That is about 15-million people. Out of those who were working, about 90% continue to receive pay, but whether it was full or not is something else, only 83.5% received full pay.

Risenga Maluleke, Statistician-general - Statistics SA

People are moving from working from home, back to their workplaces.

Risenga Maluleke, Statistician-general - Statistics SA

Listen below for the full interview...




23 February 2021 2:04 PM
Tags:
Stats SA unemployment stats
Chronic unemployment
68000 jobs lost in SA in the last four months of 2012
SA Unemployment
Risenga Maluleke, Statistician-General - Statistics South Africa

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