The Western Cape’s 27.9% unemployment rate is now considered to be the lowest unemployment rate in the country. This is according to the Quarter Labour Force Survey (QLFS).
Despite a marginal increase of 1.2% in the expanded unemployment rate, the province’s general economic contraction of 7.7% was lower than the national average of 8.5%, the survey revealed.
Provinces like Gauteng stand with a worrying unemployment percentage of 41.6%, while the Eastern Cape’s unemployment rate stands at almost 50%.
As reported by IOL, Stats SA published its latest QFLS on Tuesday, June 1, and it indicates how the number of unemployed people across the country increased by 8 000 to 7.2 million, compared to the last three months of 2020. The number of disheartened job seekers increased by 201 000.
The QLFS also indicates that the Western Cape remains South Africa’s business-friendly province of choice. This comes after 10.9% of the workforce, or 184 000 residents worked from home in the…