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Youth vulnerable as unemployment stays at highest rate since 2003

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Cape Town - Unemployment in the second quarter of 2017 stayed steady at 27.7% from the previous quarter, but declined by 1.1 percentage point year-on-year, Statistics South Africa announced on Monday.

The current unemployment rate is the highest figure since September 2003.

Statistician general Pali Lehohla, who released the Quarterly Labour Force Survey for the second quarter of this year in Pretoria, said the labour absorption rate, which is a proportion of those who are employed among the population aged 15 to 64, declined by 0.4 of a percentage point to 43.3%.

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