Quiet 29h · day 3
WORLD OF WORK: SA unemployment rate rises to 33.6% as Iran war takes economic toll
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yesterdaytodaynow · 9:24 PM
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- Yesterday
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The figures highlight how improved investor confidence in the two years since the coalition government took office has been undercut by a deteriorating labor market. Read more from Tiisetso Motsoeneng:
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South Africa’s unemployment rate hits highest level since 2022 in the second quarter. More than 340,000 people joined the ranks of the unemployed between April and June, pushing the total number of jobless to 8.5 million, an unemployment rate of 33.6%.