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South Africa's unemployment rate dropped to 31.9%, but youth unemployment remains at 44.6%.
South Africa's unemployment rate fell to 31.9% in Q4 2024, down from 32.1%, marking two consecutive quarters of decline.
New jobs were mainly created in manufacturing, trade, social services, and finance.
Despite this improvement, the expanded unemployment rate, including discouraged job-seekers, remains near 42%, and youth unemployment stands at 44.6%.
The government plans to invest over 940 billion rand in infrastructure to further boost the economy and reduce unemployment.
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La tasa de desempleo de Sudáfrica descendió al 31,9%, pero el desempleo juvenil sigue siendo del 44,6%.