Unemployment Rate 2024 South African Economy

Unemployment Rate 2024 South African Economy. South africa unemployment rate for 2020 was 24.34%, a 1.2% decline from 2019. The unemployment rate among young females was estimated at 49,4% in 2024, marking a notable increase of 3,3 percentage points from 46,1% in 2004.

The western cape is now home to south africa’s. Youth unemployment remains particularly high, though it decreased from 46.6 percent in the second quarter of 2024 to 45.5 percent in the third.