Statistics South Africa (Stats SA) released its quarterly report on unemployment for Q1 2024, and it makes for even grimmer reading than usual, especially if you are a qualified person on the job search locally.
To that end, unemployment rose by 0.8 percent to 32.9 percent. The numbers are particularly difficult to grapple with if you are a person with a matric certificate as your prospects of finding employment is just as poor as those without one.
“In the first three months of 2024 the rate of unemployment among people without a matric increased to 39.1 percent of all unemployed, while only 34.5 percent of those who have matrics don’t have a job,” Luis Monzon wrote for Hypertext.
“Meanwhile, people with degrees had a worse chance to get a job in the first three months of the year compared to the same time a year prior, with a rate of 11.8 percent (up by 2.3 percent points),” his story added.
Click on the embed below to dive deeper into the numbers and find out just how difficult the job search is at the moment.
Along with a dire outlook for employment prospects, this morning’s SPEEDRUN roundup looks at some impressive demos from the new ChatGPT, the announcement of co-CEOs for PlayStation, and the likelihood of more auroras in the skies.
