Unemployment rate falls to 24.7 percent

2013-10-29 12:12

South Africa’s unemployment rate fell last quarter to 24.7% as the retail trade and finance industries added jobs in the continent’s largest economy.

“The prospects for meaningful job creation are limited,” Kamilla Kaplan, an economist at Investec, said in a emailed note to clients before the data were released. “The scope for job creation in the public sector is also restricted amid efforts to curtail the expansion of the wage bill.”

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.