Unemployment Stats In South Africa 2024. South africa’s unemployment rate in the first quarter of 2023 was recorded at 32,9 %, and is among the highest in the world. Youth unemployment rate in south africa averaged 56.15 percent from 2013 until 2024, reaching an all time high of 66.50 percent in the third quarter of 2021 and a record low of.

In february 2024, south africa’s national treasury forecast in its budget review of 2024 that gdp growth will reach only 1.3% in 2024 and 1.6% in 2025, 6 a more optimistic projection than the. The official unemployment rate was 33,5% in the second quarter of 2024.