RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home

South Africa Unemployment at New High as Building, Trade Cut Jobs

Rate Captain by Rate Captain
June 2, 2021
in Economics
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

South Africa’s official unemployment rate rose to a new high in the first quarter as the construction and trade industries shed jobs.

The jobless rate rose to 32.6% from 32.5% in the three months through December, Statistics South Africa said Tuesday in a report released in the capital, Pretoria. That’s the highest number on record.

AlsoRead

IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.

Nigeria’s Inflation Eases to 20.12% in August, Prompting Calls for CBN Rate Cuts

African Nations Grapple with Soaring Borrowing Costs in 2025 Amid Inflation Surge

Unemployment according to the expanded definition, which includes people who were available for work but not looking for a job, rose to 43.2% from 42.6% the previous quarter. That was as the number of discouraged work seekers surged by 201,000 people in the quarter.

Previous Post

Shoprite: Ketron Investment announces acquisition

Next Post

Oil hits $71 on rising demand hopes in US, China

Related News

IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.

by Victoria Attah
April 17, 2026
0

The International Monetary Fund (IMF) has declined to recommend whether Nigeria should prioritise external or domestic borrowing, insisting instead that...

Nigeria’s Inflation Eases to 20.12% in August, Prompting Calls for CBN Rate Cuts

by Stephen Akudike
September 16, 2025
0

Nigeria’s headline inflation rate dropped to 20.12% in August 2025, marking its fifth consecutive month of decline from 21.88% in...

IMF Lists Top 10 African Nations with Highest Debt Burdens

African Nations Grapple with Soaring Borrowing Costs in 2025 Amid Inflation Surge

by Akpan Edidong
August 6, 2025
0

Across Africa, central banks are wielding high Monetary Policy Rates (MPRs) as a weapon against persistent inflation, currency volatility, and...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Holds Policy Rates Steady Amid Global Economic Challenges

by Stephen Akudike
July 31, 2025
0

The Central Bank of Nigeria (CBN) maintained its key monetary policy instruments at the July 2025 Monetary Policy Committee (MPC)...

Next Post

Oil hits $71 on rising demand hopes in US, China

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigerian Breweries Reports Record N145 Billion Naira Loss in 2023

Nigerian Breweries Attributes 135% Share Price Surge to Successful Recovery Strategy

April 17, 2026
Nigeria Rules Out IMF Loans Despite Rising Debt Concerns – Wale Edun

Nigeria Rules Out IMF Loans Despite Rising Debt Concerns – Wale Edun

April 17, 2026

Popular Story

  • Top 6 innovative industries to watch in the Next 5 Years

    FG Introduces Green Tax on High-Engine Vehicles from July 1 to Promote Cleaner Transport

    0 shares
    Share 0 Tweet 0
  • Nigerian Breweries Attributes 135% Share Price Surge to Successful Recovery Strategy

    0 shares
    Share 0 Tweet 0
  • IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.

    0 shares
    Share 0 Tweet 0
  • Nigeria Rules Out IMF Loans Despite Rising Debt Concerns – Wale Edun

    0 shares
    Share 0 Tweet 0
  • FG Takes Governors to Supreme Court Over Local Government Allocations

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>