{"id":495113,"date":"2021-06-06T17:30:20","date_gmt":"2021-06-06T15:30:20","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=495113"},"modified":"2021-06-04T14:49:51","modified_gmt":"2021-06-04T12:49:51","slug":"the-chances-of-employment-in-south-africa-based-on-your-level-of-education","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/495113\/the-chances-of-employment-in-south-africa-based-on-your-level-of-education\/","title":{"rendered":"The chances of employment in South Africa based on your level of education"},"content":{"rendered":"

South Africa\u2019s unemployment rate reached 32.6% in the first three months of 2021, Statistics South Africa (Stats SA) said.<\/p>\n

This was revealed in Stats SA\u2019s Quarter Labour Force Survey (QLFS) released by statistician-general Risenga Maluleke on Tuesday (1 June).<\/p>\n

The data shows that the number of employed persons remained almost unchanged at 15 million. This was a slight decrease of 28,000 in the first of quarter 2021.<\/p>\n

\u201cThe number of unemployed persons also remained almost unchanged at 7.2 million compared to the fourth quarter of 2020 – increased by 8,000.<\/p>\n

\u201cThe number of discouraged work-seekers increased by 201,000 (6.9%), and the number of people who were not economically active for reasons other than discouragement, decreased by 38,000 (0.3%) between the two quarters, resulting in a net increase of 164,000 in the not economically active population,\u201d Stats SA said.<\/p>\n

Maluleke said these minor changes resulted in the official unemployment rate increasing by 0.1 of a percentage point from 32.5% in the fourth quarter of 2020 to 32.6% in the first quarter of 2021 – the highest since the start of the QLFS in 2008.<\/p>\n

The unemployment rate according to the expanded definition of unemployment, increased by 0.6 of a percentage point to 43.2% in quarter 1, 2021, compared to quarter 4, 2020.<\/p>\n

The survey reveals that the official unemployment rate among youth (15-34 years) was 46.3% in quarter 1, 2021.<\/p>\n

\u201cThe rate was 9.3% among university graduates.<\/p>\n

Proportion of the unemployed by education level<\/strong><\/p>\n

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Maluleke said the formal sector employment increased by 79,000 while the other sectors experienced declines in employment in quarter 1 of 2021.<\/p>\n

He said informal sector employment decreased by 19,000 (0.8%); private households by 70,000 (5.8%), and employment in agriculture decreased by 18,000 (2.2%).<\/p>\n

\u201cEmployment mainly increased in finance (up by 215,000) and other industries that had job gains include community and social services (16,000), utilities (16,000), mining (12,000) and manufacturing (7,000).<\/p>\n

\u201cJob losses were observed in construction (87,000), trade (84,000), private households (70,000), transport (40,000) and agriculture (18,000),\u201d Stats SA said.<\/p>\n

The stats body’s data showed that graduate unemployment is 23.3% points lower than the national official unemployment rate.\"\"<\/a><\/p>\n

 <\/p>\n

Of the 7.2 million unemployed persons in the first quarter of 2021, more than half (52.4%) had education levels below matric, followed by those with matric at 37.7%. Only 2.1% of unemployed persons were graduates, while 7.5% had other tertiary qualifications as their highest level of education.<\/p>\n

StasSA’s data showed that 91.3% of the employed continued to receive pay during lockdown compared to 88.9% in Q4:2020. 14% of those who received pay during lockdown were paid reduced salaries.<\/p>\n

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 <\/p>\n

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Read: South Africa\u2019s unemployment rate hits new all-time high<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Stats SA data shows that graduate unemployment is 23.3% points lower than the national official unemployment rate.<\/p>\n","protected":false},"author":10,"featured_media":495153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-495113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/495113","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=495113"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/495113\/revisions"}],"predecessor-version":[{"id":589292,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/495113\/revisions\/589292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/495153"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=495113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=495113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=495113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}