Northern Cape records largest drop in unemployment rate

The Northern Cape recorded the largest decrease in unemployment in South Africa, with the official unemployment rate dropping from 30.4% to 27.4% in Q4:2024, alongside significant job gains in key sectors such as agriculture and finance. Key Highlights Unemployment Rate:The official unemployment rate in the Northern Cape dropped to 27.4% in Q4:2024, down from 30.4% in Q3:2024 (-3.0 percentage points).The expanded unemployment rate (including…

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Staff Reporter
Author: Staff Reporter

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