BREAKING NEWS: Unemployment hits record 34.4% in second quarter of 2021

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Finance Finance Headlines News

The Quarterly Labour Force Survey shows finance, manufacturing and community, and social services all shed jobs in the second quarter

SA’s official unemployment rate has surged to a record 34.4% in second quarter of 2021 as the formal sector shed jobs.

Stats SA’s latest Quarterly Labour Force Survey , released on Tuesday, showed that the number of employed people fell by 54,000 in the second quarter to 14.9-million, while the number of unemployed jumped by 584,000 to 7.8-million. The effect of those movements increased the official unemployment rate from the 32.6% recorded in the first quarter of 2021 to 34.4% in the second quarter, the highest since the QLFS was first introduced in 2008...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Mr and Mrs voter, what are we going to do about this? We cannot go on like this.

lootgous 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻 yay! More grants to be stolen from tax payers and old people pension funds. Viva MYANC

I blame apartheid only.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines