For the quarter ending March 31, and starting on January 1, Stats SA has revealed that the official South African unemployment rate has decreased by 0,8 of a percentage point to 34,5%.
If you’re looking for a job, don’t even think seeking your fortune in Europe. Unemployment rates across the Eurozone – the countries which use the euro – continue to climb and in February were at their highest level since the introduction of the single currency in 1999. Spain has been worst hit, with the unemployment rate amongst its under-25 population rising to an alarming 50.5% in February.