South africa's unemployment rate rises to 32.7 percent in first quarter

Stats SA data released on Tuesday showed South Africa's unemployment rate increased to 32.7 percent in the first quarter of 2026, up 1.3 percentage points from the previous quarter.

The figures mark the latest in a series of high readings that have persisted above 30 percent for much of the decade. Youth unemployment reached 60.9 percent, while the expanded definition of joblessness rose to 43.7 percent.

George Glynos, head of research at ETM Analytics, described the increase as symptomatic of an economy that has lost its dynamism. He called for greater investment in infrastructure and reforms to reduce government overreach in business.

Youth Capital advocacy strategist Mbali Williams said entry-level job requirements have grown significantly more difficult. She noted that only four in 10 working-age people participate in the labour market.

Economist Lara Hodes of Investec linked the data to uncertainty from the Middle East conflict, which has raised transport costs and prompted businesses to defer hiring.

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South Korea adds 234,000 jobs in February; youth unemployment hits 5-year high

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South Korea added 234,000 jobs in February, marking the fastest on-year growth in five months, though youth employment slumped and construction losses persisted. Youth unemployment for ages 15-29 reached 7.7 percent, the highest for any February since 2021. The total number of employed people rose 0.8 percent to 28.41 million, per Ministry of Economy and Finance data.

South Africa's economy is displaying early signs of recovery in early 2026, with inflation cooling to 3.5% and unemployment easing slightly to 31.4%. However, experts caution that the improvements are incremental and the overall foundation remains fragile. Structural challenges, including youth unemployment and sector-specific issues, continue to hinder progress.

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Western Cape Premier Alan Winde has welcomed the latest Statistics South Africa data showing the province's unemployment rate at 18.1%, the lowest in the country. The Quarterly Labour Force Survey, released on February 17, 2026, indicates a 1.5 percentage point decline year-on-year and a five-year low for the region.

The Departamento Administrativo Nacional de Estadística (DANE) reported that Colombia's unemployment rate fell to 8.8% in March 2026—the lowest for any March since 2001, continuing the downward trend from 10.9% in January and 9.2% in February—with 2.34 million people unemployed (down 174,000). This marks a 0.8 percentage point drop from 9.6% in March 2025. The employed population grew by 650,000 (2.7%), while the January-March quarter rate stood at 9.6%. Neiva ranked among cities with the lowest unemployment.

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In January 2026, Colombia's unemployment rate stood at 10.9%, the lowest for a first month since 2001, according to the Dane. While 324,000 new jobs were created, 60% were self-employment positions. This indicates employment improvement, but raises concerns about job quality.

Grassroots organisations from across South Africa are set to gather at St George’s Cathedral from 23 to 25 February for the People’s Assembly on Unemployment, Austerity and the Fight for Decent Work. Convened by the Assembly of the Unemployed and Cry of the Xcluded, the event precedes a national budget expected to deepen austerity measures. It contrasts with an upcoming elite conference on the same topic hosted by News24 and opened by President Cyril Ramaphosa.

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The South African Police Service released third-quarter crime statistics for 2025, showing decreases in murder and reported rape cases nationwide. Gauteng recorded the highest number of contact crimes, contributing 25.5% to the total. Acting Police Minister Firoz Cachalia noted that while progress has been made, crime levels remain unacceptably high.

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