© Reuters. Job seekers stand outside a construction
PRETORIA (Reuters) – South Africa’s unemployment rate jumped to a new record high of 32.5% in the fourth quarter of 2020 from 30.8% in the third quarter, the statistics agency said on Tuesday.
Statistics South Africa put the number of unemployed at 7.2 million people in the fourth quarter, compared to 6.5 million in the previous three months.
According to an expanded definition of unemployment that includes those discouraged from seeking work, 42.6% of the labour force was without work in the October-December quarter, amounting to 11.1 million people, Stats SA data showed.
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