South Africa unemployment hits record 29 percent

31 Jul, 2019

Joblessness in South Africa has reached a record 29 percent, the statistics office said Tuesday, piling pressure on President Cyril Ramaphosa's administration after it won May elections vowing to halve unemployment. It marks the lowest level since the country's quarterly labour force survey was introduced 11 years ago and is just the latest blow to Africa's most developed economy, which has suffered through mass layoffs, rolling blackouts and contracting gross domestic product (GDP).
The country's opposition parties quickly lashed out at Ramaphosa and the ANC, saying the country had an "unemployment catastrophe" and warning that the situation was getting worse. The country's statistics agency StatsSA said in its quarterly report that "the unemployment rate increased by 1.4 percentage points from 27.6 percent in the first quarter of 2019 to 29 percent in the second quarter".
"This is the highest level recorded since ...2008," StatsSA added. The figure rises to 38.5 percent under the expanded definition of unemployment which includes those who have given up looking for work. The youth unemployment rate was more than 50 percent - nearly double the national average. The ruling ANC party won general elections in May with its smallest majority since it led the fight against apartheid rule that was replaced by multi-racial democracy in 1994.

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