November 17, 2023

South Africa: Employment Rates Rise in Western Cape

The unemployment rate in Western Cape, South Africa had the biggest decrease in the country, dropping by 4.3% year-on-year, according to recent findings.

Statistics South Africa (Stats SA) released the results of the Quarterly Labour Force Survey (QLFS) on Tuesday, 14 November, providing a positive look into the province’s growth.

The data reveals that employment figures within the region were rising steadily, having grown by 22 000 from quarter two to quarter three in 2023, and 305 000 from quarter three 2022 to quarter three 2023.

Alan Winde, premier of the Western Cape, spoke with the media shortly after the statistics were released, saying he believed the results “prove that we are on track.”

“The statistics released today show that where there is good and stable governance that creates the enabling environment, there is a way to grow our economy and create more jobs for the residents of the Western Cape,” Winde added.

Currently, South Africa’s official unemployment rate is 31.9%. In contrast, the Western Cape’s official unemployment rate is sitting at 20.2%, making a significant 11.7% difference between the two.

As the festive season approaches, authorities are expecting to see an upturn in tourism, which will also boost job creation.

Image Credit: Source