Unemployment Rate 2024 South African Economy. South african women have a higher unemployment rate than men. The south african economy has recorded a notable shift in employment trends, with the official unemployment rate decreasing to 32.1% in the third quarter of 2024.

This represents the highest reading since the beginning. The south african economy is grappling with several challenges, including severe power disruptions, unstable commodity prices, a high unemployment rate, and external issues.