Stats SA on Thursday released the quarterly labour force survey of the third quarter of the year, which shows in increase of the unemployment rate to 30.8%.
The expanded unemployment rate increased by 1.1 percentage point to 43.1% in the third quarter.
The Bureau of Economic Research said that the third quarter unemployment stats would be one of the first indicators of the ‘permanent damage’ to the economy and the labour market due to the lockdown.
It could still take a number of years for employment numbers to return to pre-lockdown levels.
Medical Fees Rise By 5.3% In February – Stats SA
Power Cuts Case Continues
Ramokgopa Tours Troubled Tutuka
EFF’s No-Confidence Motion Against Speaker Fails
The National Treasury Should Do More To Alleviate Household Costs Of Loadshedding
Eskom Concedes That Outrage Over Power Cuts Warranted
Electricity Minister To Visit All Power Stations
Over 500 Arrested Nationwide During Protest Action
Malema Rubbishes Concerns That EFF Nationwide Protest Will Turn Violent
Santaco Says Taxi Industry Will Operate As Normal
Government Ready To Deal With Any Eventuality
Nersa Sticks By 18.65% Tariff Increase