South Africa'S Unemployment Rate 2024. The above changes in employment and unemployment resulted in the official unemployment rate decreasing by 0,7 of a percentage point from 32,6% in the. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
South africa’s unemployment rate has risen again, reaching 33.5% in the second quarter of 2024, according to the quarterly labour force survey (qlfs). South africa’s unemployment rate has increased by more than 60% in the last 10 years and in the second quarter of 2024, the unemployment rate increased to 33.5%.