SA suffers with high unemployment rate


May 27 th, 2015

South Africa - Unemployment in South Africa in the first quarter of 2015 is at the highest level since 2003, reported the National Statistics Agency Tuesday. The unemployment rate has reached 26%. The peak is a new phenomenon, according to general statistician Pali Lehohla. From the 35.8 million working-age South Africans (ages 15 to 64), 5.5 million are unemployed. Compared to 2008, the number of people who gave up looking for work has doubled. A sub-trend showed the employment rate has improved compared to what it was after the recession in 2009/10. Surveys reveal that whites are more likely to find employment than blacks because of their education.

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