Presentation QLFS Q4 2023
Presentation QLFS Q4 2023
Q4:2023
Risenga Maluleke
Statistician-General
work seekers
13,1M
Discouraged
16,7M 7,8M
work seekers
Discouraged
22 000 Fewer Employed 46 000 More 107 000 218 000 More Other Not
between Q3:2023 and Unemployed between Fewer Discouraged Economically Active
Q4:2023 Q3:2023 and Q4:2023 between Q3:2023 between Q3:2023 and
and Q4:2023 Q4:2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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After eight consecutive increases, employment decreased by 22 000 in the last quarter of 2023.
Employment changes Q4:2019-Q4:2023
THOUSAND
1000
648
370 399
500
262 204 169 258
154
0
-22
-500
-1000
-1500
-2000
-2500
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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The number of employed persons remains at 16,7M in Q4:2023 compared to Q3:2023 having surpassed
pre-COVID level of 16,4M in Q1:2020
Employment Q4: 2019 – Q4: 2023
Pre - COVID
0
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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The official unemployment rate stands at 32,1 %, an increase of 0,2 of a percentage point in
Q4:2023 compared to Q3:2023.
41,0 million
People of working age in South Africa (15 – 64-year-old)
work seekers
Discouraged
SA’s official unemployment rate
stands at
5
The number of Not Economically Active persons increased by 111 000 in Q4:2023 compared to
Q3:2023
Characteristics of the not economically active, Q3:2023 vs Q4:2023
Q/Q
Q3:2023 Q4:2023 Percentage Change Changes
Student 38,0% Remained unchanged 35 000
Discouraged work
18,6% q 0,8% point - 107 000
seekers
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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In Q4 of 2023, the labour force participation rate and absorption rate both decreased by 0,2 of a
percentage point to 60,0% and 40,8%, respectively.
13,8% Points
difference Pre - COVID 19,2% Points difference
43,3%
42,1%
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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The expanded unemployment rate decreased by 0,1 of a percentage point to
41,1% when comparing Q4:2023 and Q3:2023.
Official vs Expanded unemployment: Q4:2013-Q4:2023
Expanded Definition includes the following
20%
15%
10%
5%
0%
Q4:2013 10 year period Q4:2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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NW (52,2%) recorded the highest expanded unemployment rate in Q4:2023, followed by EC (47,1%).
LP and NC recorded more than a 15 percentage points difference between expanded and official unemployment rates.
Official Expanded
EC 41,9% 47,1%
NW 39,0% 52,2%
FS 37,0% 43,9%
MP 34,9% 45,8%
GP 33,8% 38,4%
WC 20,3% 25,6%
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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While the unemployment rates in WC and KZN have consistently been below the official unemployment
rate in SA for the past ten years, the unemployment rate in EC has continuously exceeded it.
50%
41,9%
39,0% 34,9%
37,0%
40% 33,8% 26,9%
30,3%
29,5% 20,3%
30%
20%
10%
EC NW FS MP GP LP KZN NC WC
0%
Q4 Q4
2013 2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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45,0 The unemployment rate increased in six provinces between Q3:2023 and Q4:2023.
45,0
The largest increase was recorded in EC up by 3,1 percentage points
41,9%
Official unemployment rate by province: Q3:2023-Q4:2023
40,0 39,0% 38,8%
40,0 38,6%
38,5% p
3,1%
37,0%
35,5% q p
35,0 1,5% 0,4%
33,7% q 34,9%
-0,6%
SA 33,8%
31,9%
32,1% 30,8% p
0,1%
30,0 29,4% 29,5% q 30,3%
-0,5%
p
26,9% 0,1%
26,3%
25,0 p
0,6%
20,2%
20,3%
20,0
p
0,1%
WC NC KZN LP GP MP FS NW EC
15,0
Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023 Q3:2023 Q4:2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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The number of unemployed people in South Africa increased from 4,8 million in Q4:2013 to
7,9 million in Q4:2023. The proportion of those in long-term unemployment increased from 66,4% in Q4:2013 to
77,1% in Q4:2023
22,9%
1,8
6
4,8M
5 Short-term unemployed
Million
33,6%
4 1,6
77,1%
2
Long term unemployed*
66,4%
0
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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The formal sector in South Africa accounts for 68,7% of total employment.
Employment share by sector, Q4:2013 to Q4:2023
Private Household 1M
3,2 M 19,0%
2,4M
Informal sector employment
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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Formal sector employment decreased by 128 thousand jobs between Q3:2023 and Q4:2023.
14
q by
128 000
12 Q3:2023 Q4:2023
10
6
p by
4 124 000
p by
Million
q by
2 35 000 18 000
0
Formal sector (non- Informal sector (non- Agriculture Private households
agricultural) agricultural)
(11,5 million) (3,2 million) (920 thousand) (1,1 million)
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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Employment decreases were mainly in the Services, Construction, and Agriculture industries.
However, the largest employment increases were recorded in Finance, Transport and Mining.
Percentage
Employment changes by industry, Quarter-on-quarter change (‘000) change
Transport 57 5,9%
Mining 37 9,0%
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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EC, LP and NW recorded the largest decreases in employment in Q4:2023 while KZN,MP and WC
recorded the largest employment increases.
Quarter-on-quarter change in employment by province (‘000) (Q3:2023 and Q4:2023)
KZN
(‘000)
80
MP
60
62
40
WC 48
GP FS
20
EC LP NW NC 15 15 23
0
-2
-2
-20
-30
-40
-40
-60
-80
-100
-111
-120
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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Graduate unemployment rate increased by 1,1 percentage points to 9,6% in Q4:2023 compared to
8,5% in Q3:2023. Those with less than matric remain vulnerable with an unemployment rate of
38,6% which is higher than SA official unemployment rate.
Matric 33,7%
Graduates 9,6%
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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Youth aged 15-24 years and
25-34 years continue to have
the highest unemployment
Unemployment rate Absorption rate Participation rate
rates at 59,4% and 39,0%
respectively.
55-64 11,4% 38,3% 43,2%
Labour market rates by
age group, Q4:2023
45-54 20,4% 58,7% 73,8%
Labour force participation rate is the proportion of the working- Absorption rate is the proportion of the working-
age population that is either employed or unemployed 18 age population that is employed
Youth aged 15-34 years are more vulnerable to unemployment when compared to
older age groups
Official Unemployment rates by age group,
Q4:2013-Q4:2023
45% 44,3%
30%
23,3%
23,0%
15,4%
15%
35-64 years
SA Unemployment rate
0%
Q4 Q4
2013 2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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Approximately 3,4 million (33,0%) out of 10,2 million young people aged
15-24 years were not in employment, education or training (NEET).
8
10,2 Mil
Million
6
4
Number of NEET for ages 15-24 Q3 2022
2
0
0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80+
20
The overall NEET rate (15 – 24yrs) decreased by 0,7 of a percentage point in Q4:2023 compared
to Q4:2022.
Q4:2019-Q4:2023 NEET rate for ages 15-24 & 15-34 year old
1 Year
33,0%
30% 33,6%
32,0% q 0,7 of a % point y/y
15- 24 Years
20% 1 Year
10%
0%
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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The unemployment rate among the Black African (36,1%) population group
remains higher than the national average and other population groups.
OFFICIAL unemployment rate by population group, Q4:2023
SA
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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Black African unemployment rates have been consistently higher than other
population groups over the past 10-year period.
Official Unemployment rates by population group,
Q4:2013-Q4:2023
36,1%
40%
Black African Coloured White
Indian/Asian
23,0%
27,1%
20% 11,7%
21,7%
8,5%
12,5%
SA Unemployment 7,2%
rate
0%
Q4 Q4
2013 2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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RECAP (QLFS, Q4:2023)
❖ Unemployment rate increased by 0,2 of a percentage point to
32,1% in Q4:2023. Both Absorption rate and labour force
participation rate decreased by 0,2 of a percentage point to 40,8%
and 60,0% respectively.
24
THANK YOU FOR YOUR
PARTICIPATION IN
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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QLFS
Q4:2023
IMPROVING LIVES THROUGH DATA ECOSYSTEMS Quarterly Labour Force Survey Q4:2023
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