Quarterly Unemployment Rate in South Africa
South Africa| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly unemployment rate is an indicator that shows the proportion of unemployed individuals in South Africa's labor force. This data is released by Statistics South Africa every quarter and is crucial for evaluating the health of the labor market.
The unemployment rate is a key indicator for understanding the health of the labor market. A high unemployment rate indicates potential economic stagnation and a shortage of employment opportunities. Conversely, a low unemployment rate suggests economic expansion with increasing employment opportunities.
This data serves as important reference material for policymakers to assess labor market trends and formulate appropriate employment policies. It also provides vital information for businesses and investors to understand labor market dynamics and economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
