{"id":114256,"date":"2016-02-25T13:37:41","date_gmt":"2016-02-25T11:37:41","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=114256"},"modified":"2016-02-25T13:49:30","modified_gmt":"2016-02-25T11:49:30","slug":"south-africas-unemployment-rate-drops-to-to-24-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/government\/114256\/south-africas-unemployment-rate-drops-to-to-24-5\/","title":{"rendered":"South Africa&#8217;s unemployment rate drops to 24.5%"},"content":{"rendered":"<p>The country\u2019s unemployment rate declined by a percentage point in the fourth quarter of 2015, to 24.5% of the population.<\/p>\n<p>According to the Quarterly Labour Force Survey, the working-age population was 36.3 million, of whom 16 million were employed, 5.2 million unemployed and 15.1 million not economically active.<\/p>\n<p>Almost 66% of the unemployed were people between the ages of 15 and 34. Over half (57.6%) did not complete matric.<\/p>\n<p>Year-on-year, the official unemployment rate increased by 0.2 percent of a percentage point.<\/p>\n<p>Statistician General Pali Lehohla said on Thursday that the largest share of employment in the last quarter was in finance and other business sectors, trade, and community and social services.<\/p>\n<p>Job losses were recorded in agriculture (37 000), manufacturing (36 000) and construction (21 000).<\/p>\n<p>Lehola said that agriculture was a small but important contributor to the GDP.<\/p>\n<p>Without it, \u201call life seizes to exist\u201d, he said in the context of the sector\u2019s job losses and the drought.<\/p>\n<p>The losses were mainly driven by a decline in the growing of crops and combined farming of crops and animals.<\/p>\n<p>Jobs in private households increased by 13 000 in the last quarter.<\/p>\n<p>Lehohla addressed speculation around the survey results being re-scheduled until a day after National Budget. \u201cAs I stated, I delayed it because I had to do quality checks.\u201d<\/p>\n<p><a href=\"http:\/\/www.fin24.com\/Economy\/sa-unemployment-rate-down-to-245-20160225\" target=\"_blank\">News24<\/a><\/p>\n<p><strong>More on employment<\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/general\/102345\/sa-unemployment-rate-rises-to-25-5\/\">SA unemployment rate rises to 25.5%<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/business\/109959\/this-graphic-shows-the-shocking-state-of-employment-in-south-africa\/\">This graphic shows the shocking state of employment in South Africa<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/government\/113400\/zille-flexes-her-muscles-with-strong-employment-figures\/\" target=\"_blank\">Zille flexes her muscles with strong employment figures<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The country\u2019s unemployment rate declined by a percentage point in the fourth quarter of 2015, to 24.5% of the population.<\/p>\n","protected":false},"author":35,"featured_media":98829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[25,5769],"class_list":["post-114256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-government","tag-active","tag-statssa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=114256"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114256\/revisions"}],"predecessor-version":[{"id":114268,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/114256\/revisions\/114268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/98829"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=114256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=114256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=114256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}