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S.Africa’s Q2 jobless rate slows to 24.9 percent

31 July 2012 By admin

PRETORIA, July 31 (Reuters) – South Africa’s official
jobless rate slowed to 24.9 percent of the labour force in the
second quarter of 2012 from 25.2 percent in the first quarter, a
survey showed on Tuesay.

In its latest quartely Labour Force Survey, Statistics South
Africa said the total number of unemployed people stood at 4.47
million in the three months to June from 4.5 million in the
first quarter.

The expanded definition of unemployment, which includes
people who have stopped looking for work was at 36.2 percent
from 36.6 percent.

(Reporting by Xola Potelwa; Editing by Stella Mapenzauswa)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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