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SA lost 271 000 jobs in fourth quarter of 2023

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The country's unemployment rate rose from  32.1% in the third quarter of last year  32.1% in the fourth quarter.
The country's unemployment rate rose from 32.1% in the third quarter of last year 32.1% in the fourth quarter.
Khaya Ngwenya

NEWS

South Africa's unemployment rate increased from 31.9% to 32.1% in the fourth quarter of last year, according to Stats SA. Across the sectors, more than 270 000 jobs were lost in five sectors in the fourth quarter of last year while 240 000 were created in four others. 

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