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JOHANNESBURG – Stats SA has just released the highly anticipated labour market data for the third quarter of 2024.
The outlook remains grim, with the country’s unemployment rate continuing upward.
WATCH | Job market continues to reflect a decline in hiring
In the first quarter of 2024, South Africa’s unemployment rate stood at 8.2 million, increasing to 8.4 million by the second quarter, with youth unemployment particularly pronounced.
eNCA Business anchor, Melissa Tighy has more details on the story.