South Africa's unemployment rate increased in Q1 2024.

South Africa's unemployment rate rose to 32.9% in Q1 2024 from 32.1% in Q4 2023, according to Statistics South Africa (Stats SA). The number of unemployed people increased from 7.89 million in Q4 2023 to 8.22 million in Q1 2024. The official jobless rate climbed to the highest level in a year, potentially affecting the ruling African National Congress's efforts to convince voters of its ability to create jobs ahead of elections on May 29.

May 13, 2024
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