The youth unemployment rate in South Africa, measuring job-seekers between 15 and 24 years old, picked up to 59.4% in the fourth quarter of 2023, from an over one-year low of 58% in the third quarter. source: Statistics South Africa
Youth Unemployment Rate in South Africa averaged 55.96 percent from 2013 until 2023, reaching an all time high of 66.50 percent in the third quarter of 2021 and a record low of 48.80 percent in the fourth quarter of 2014. This page provides - South Africa Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Youth Unemployment Rate - values, historical data and charts - was last updated on April of 2024.
Youth Unemployment Rate in South Africa is expected to be 59.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Youth Unemployment Rate is projected to trend around 62.00 percent in 2025 and 64.00 percent in 2026, according to our econometric models.