Youth graduate unemployment rate increases in Q1: 2019

The youth aged 15–24 years are the most vulnerable in the South African labour market as the unemployment rate among this age group was 55,2% in the 1^st quarter of 2019. Among graduates in this age group, the unemployment rate was 31,0% during this period compared to 19,5% in the 4^th quarter of 2018 – an increase of 11,4 percentage points quarter-on-quarter. However, the graduate unemployment rate is still lower than the...

Five facts about poverty in South Africa

The Living Conditions Survey (LCS) is part of Stats SA’s household survey programme and provides detailed information on households’ living circumstances, as well as their income and expenditure patterns. Information from this survey was used to compile the report Men, Women and Children: Findings of the Living Conditions Survey 2014/15. Let’s take a look at some of the findings outlined in the report.

Four facts about our provincial economies

Each province is unique. Data published recently by Stats SA provide a portrait of South Africa’s provincial economies. Here are four facts you might not have known about our economic landscape.

Formal business turnover climbs by 5,5%

The South African formal business sector¹ generated R2,57 trillion in turnover in the fourth quarter of 2018. This translates to about R323 600 generated every second from October 2018 to December 2018.