South African expanded unemployment rate up to record high of 36.7%

StatsSA logoIn mid-May Statistics South Africa released the Quarterly Labour Force Survey. It showed that the SA unemployment rate remained unchanged at 26.7% in the first quarter of 2018, helped by an increase in formal sector employment. However, it reported that the number of discouraged workers had risen to an all-time record high. The number of unemployed people and discouraged work seekers (the expanded unemployment rate) is now 36.7%. To read more, click here.