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Unemployment Total

2020-02-11 17:30
ZAR
  • 6.7
  • --
  • 6.7
The Unemployment total  released by Statistics South Africa is the number of unemployed workers within the total civilian labor force. It is a leading indicator for the South African economy. If the total is up, it indicates a lack of expansion in the South African labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Rand, while an increase is seen as negative (or bearish).

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