Free State records highest unemployment rate in South Africa at 35.5%
1 June 2017
During the first three months of 2017 just over 19 000 more people in the Free State lost their jobs as per STATS SA’s Quarterly Labour Force Survey for the First Quarter 2017, released this afternoon. This comes after more than 68 000 people in the province already lost their jobs last year.
The Free State now records the highest official unemployment rate in the country at 35.5%, while the real unemployment rate is at 41.7% (expanded definition). The total Free State labour force is recorded at 1,188 million, out of these 421 000 individuals are unable to find work, while 88 000 persons have given up looking for a job altogether.
The largest sectoral job losses were recorded in Trade with 18 000 while 7 000 were recorded from private households which employ domestic workers and gardeners. Both these sectors indicate that the Free State middle-class finds itself under severe financial strain. Middle-class families have increasingly less expendable income at their disposal to spend and to employ persons.
In short, people in the Free State are becoming poorer, and the provincial economy is shrinking very fast, excluding more and more people from accessing economic opportunities.