Die ekonomie minuut

The unemployment rate was lower in Q3


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Yesterday, Statistics South Africa announced the results of the third quarter labour force survey - that is the period July, August and September. The unemployment rate decreased from 33.9% to 32.9%. Measured according to the broad definition that includes the discouraged workers, the rate also decreased by one percentage point to 43.1%. The industries where jobs were created are manufacturing, trade, construction, and transport.

* The Economics Minute is supported by the NWU Business School.

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Die ekonomie minuutBy Waldo Krugell


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