Unemployment Rate 2024 South Africa. South africa's official unemployment rate increased by 0.6 of a percentage point to 33.5% in the second quarter of 2024, compared to the first quarter. South africa unemployment rate outlook.

South africa’s official unemployment rate increased by 0.6 of a percentage point to 33.5% in the second quarter of 2024, compared to the first quarter. The surge in graduate unemployment seems to primarily form part of a broader stagnant trend in the labour market.