SA unemployment falls to 31.9% in third quarter.

Loading player...
GUEST: Solly Molayi – Acting Deputy Director-General for Population and Social Statistics at Stats SA

South Africa’s unemployment rate has fallen to 31.9% the first decline this year and the lowest level since late 2024 as construction, community services and trade added new jobs.

Stats SA’s latest Quarterly Labour Force Survey shows an increase of 248,000 people employed, bringing the total number of employed South Africans to 17.1 million. But the drop in joblessness also comes with some important statistical changes.

Stats SA has updated how it defines and tracks the “Not Economically Active” and “Potential Labour Force” populations making this quarter’s results not directly comparable to earlier data. The agency says these changes provide a more complete picture of labour underutilisation, which now includes discouraged jobseekers, part-time workers who want more hours, and those available but not actively looking for work.
11 Nov 2025 4PM English South Africa Business News · Investing

Other recent episodes

What SA Retail Spending Trends Reveal About Consumers

Consumer panel expert Lané Klopper from NIQ South Africa unpacked how South Africans spent R683 billion on FMCG goods in 2025, with growth in traditional trade and smaller basket shopping reflecting financial pressure.
5 Mar 2PM 12 min

MultiChoice to Shut Down Showmax

MultiChoice has announced it will close Showmax after years of heavy investment and mounting losses. Business writer Mudiwa Gavaza explained the move reflects challenges in Africa’s streaming economics, rising content costs and strategic shifts under new ownership. MultiChoice to Shut Down Showmax: MultiChoice has announced it will close Showmax after…
5 Mar 2PM 26 min

FirstRand Posts Strong Results Amid Tough Economy

FirstRand delivered an 11% rise in normalised earnings to R23.2 billion for the six months to December 2025. CEO Mary Vilakazi said the performance was driven by solid momentum across FNB, RMB and WesBank, with diversified growth supporting returns.
5 Mar 2PM 13 min