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Latest Stats SA numbers reveal a worsening youth unemployment crisis

Gugs Mhlungu by Gugs Mhlungu
February 23, 2021
in Advice, Analysis, Business, Finance, For You, Money, News, Uncategorized, Voices, Women
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Stats SA’s latest Quarterly Labour Market Survey for Q4 of 2020 labour market survey results are sobering.

Of the 39 million work force only a small proportion is currently employed

333 000 more people were employed in Q4:2020 than in Q3:2020

Read more here: https://t.co/Tn5PqWiA9q#StatsSA #employment #unemployment pic.twitter.com/QgvZkjrkiF

— Stats SA (@StatsSA) February 23, 2021

Youth continue to have the highest unemployment with the 15 to 24 year old group recording a staggering 63,2% unemployment rate

Youth aged 15-24 years and 25-34 years recorded the highest #unemployment rates of 63,2% and 41,2% respectively.

Read more here: https://t.co/Tn5PqWiA9q#StatsSA pic.twitter.com/tucyDz2tdq

— Stats SA (@StatsSA) February 23, 2021

SEE ALSO: Jobless at 28 and starting over

Young black people in particular remain the group with an unemployment rate higher than all other racial groups

The #unemployment rate among the black African (36,5%) population group remains higher than the national average and other population groups.

Read more here: https://t.co/Tn5PqWiA9q#StatsSA pic.twitter.com/N0UKM56ZBp

— Stats SA (@StatsSA) February 23, 2021

Young black women are the most vulnerable to unemployment

Black African women are the most vulnerable with an #unemployment rate of 38,5%.

Read more here: https://t.co/Tn5PqWiA9q#StatsSA pic.twitter.com/ma0kFPvI0U

— Stats SA (@StatsSA) February 23, 2021

You can read the full report here

SEE ALSO: 8 things to know as a South African freelancer

Tags: economicjobsskills developmentyouth unemployment

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