JOHANNESBURG, Nov. 12 (Xinhua) -- South Africa's official unemployment rate decreased by 1.4 percentage points in the third quarter of 2024 on a quarter-on-quarter basis, Statistics South Africa (Stats SA) said on Tuesday.
According to the Quarterly Labor Force Survey for the third quarter, released by Stats SA on Tuesday, the country's official unemployment rate declined from 33.5 percent in the second quarter of 2024 to 32.1 percent in the third quarter. Meanwhile, the expanded unemployment rate in the third quarter decreased by 0.7 percentage point to 41.9 percent when compared with the second quarter of 2024.
