The unemployment rate has decreased to 32.1 in the third quarter of 2024 from 33.5 in the second quarter.
According to Statistics South Africa, the number of discouraged work-seekers increased by 160 000 and the number of people who were not economically active for reasons other than discouragement, increased by 54 000 between the two quarters.
According to Stats SA Quarterly Labour Force Survey Q3, 214 000 people were not economically active.
Meanwhile, there were employment gains in the same period in the formal and informal sectors as well as the agricultural sector.
Small businesses
