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South African Unemployment Rate History

What this page covers

Statistics South Africa publishes two unemployment rates each quarter, and they differ by more than ten percentage points. Which one is quoted changes the picture substantially, so both are shown here.

31.6%official rate
41.2%expanded rate
59.4%youth unemployment
9.6ppthe gap between measures
Official and expanded rates by year
YearOfficial rateExpanded rateYouth, 15 to 24
202631.6%41.2%59.4%
202532.1%41.9%60.2%
202432.1%41.9%60.8%
202332.1%41.1%60.7%
202233.5%42.6%61.4%
202134.9%46.2%66.5%
202032.5%42.6%63.2%
201929.1%38.7%58.2%
201827.1%37.0%55.2%
201626.7%35.6%54.4%
201425.1%34.6%51.3%
201224.9%35.6%51.5%
201024.9%35.8%51.0%
200822.5%31.2%45.9%
200526.7%38.8%50.1%
200229.4%41.8%54.2%
200023.3%35.9%45.5%
The two definitions
MeasureCounts as unemployed
Official, narrowWithout work, available to work, and actively looked in the past four weeks
ExpandedWithout work and available, whether or not they looked
The gapDiscouraged work seekers who have stopped looking
Labour force participationThose working or actively looking, as a share of working-age population
What the data moves
ItemEffect
RandLimited direct effect; it is a slow variable
BondsFeeds the fiscal debate through the social grant burden
Retail sharesA leading indicator for consumer demand
PolicyCentral to the growth debate, and to ratings commentary

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How these figures work

The figures on this page come from published sources and change on a schedule rather than continuously, which is what makes them worth recording in one place. The expanded rate is the one most economists watch, because a discouraged work seeker is still unemployed in every sense except the statistical one.

Youth unemployment near 60% is the figure that drives most policy discussion. It is roughly double the national rate on either definition.

★ A worked example

Reading the tables together is where the value is. Unemployment data rarely moves the rand on the day. Its effect runs through the fiscal outlook and the growth forecast, which show up in bond yields over months.

✕ Common mistakes

  • The expanded rate is the one most economists watch, because a discoura. The expanded rate is the one most economists watch, because a discouraged work seeker is still unemployed in every sense except the statistical one.
  • Youth unemployment near 60% is the figure that drives most policy disc. Youth unemployment near 60% is the figure that drives most policy discussion. It is roughly double the national rate on either definition.
  • Unemployment data rarely moves the rand on the day. Unemployment data rarely moves the rand on the day. Its effect runs through the fiscal outlook and the growth forecast, which show up in bond yields over months.
  • Taking a figure without its date. A number from a reference page is only as good as when it was last checked, which is why the date sits at the top of this one.

Notes on reading these figures

  • The expanded rate is the one most economists watch, because a discouraged work seeker is still unemployed in every sense except the statistical one.
  • Youth unemployment near 60% is the figure that drives most policy discussion. It is roughly double the national rate on either definition.
  • Unemployment data rarely moves the rand on the day. Its effect runs through the fiscal outlook and the growth forecast, which show up in bond yields over months.

To put these figures to work, the How unemployment data affects sentiment runs the arithmetic on your own numbers, and South African GDP Growth History covers the same ground in ordinary language. South African Inflation History and Unemployment and markets go into the detail this table only summarises. The Rand Exchange Rate History covers the part this table leaves out.

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Terms used on this page

Definitions
Official rate
Without work, available, and actively looked in the past four weeks.
Expanded rate
Without work and available, whether or not they looked.
Discouraged work seeker
Someone who has stopped looking, counted only in the expanded rate.
Labour force participation
Those working or looking, as a share of working-age population.
QLFS
The Quarterly Labour Force Survey, the source of both measures.

Frequently asked questions

Why are there two unemployment rates?

The official rate counts only those who actively looked for work in the past four weeks. The expanded rate includes discouraged work seekers.

Which is the more accurate measure?

The expanded rate is what most economists watch, because someone who has stopped looking is still unemployed in every sense but the statistical one.

How high is youth unemployment?

Around 60% for those aged 15 to 24, on either measure, which is roughly double the national rate.

Does unemployment data move markets?

Rarely on the day. Its effect runs through the fiscal outlook and the growth forecast, showing up in bond yields over months.

Who publishes it?

Statistics South Africa, through the Quarterly Labour Force Survey.

What is labour force participation?

Those working or actively looking, as a share of the working-age population. A falling participation rate can lower the official unemployment rate without anyone finding work.