South African unemployment rate drops to two-year low ...News

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South African unemployment rate drops to two-year low
The figure has decreased for four consecutive quarters The official unemployment rate in South Africa dropped for the fourth consecutive quarter in October-December, according to a national statistics report on Tuesday.  Data showed the jobless rate slid to 32.7% in the final three months of 2022 from 32.9% in the July-September period. The figure is the lowest since the first quarter of 2021. The improvement was mainly driven by the finance sector, particularly among labor brokers and the security industry, Bloomberg cited the chief director of labor statistics, Desiree Manamela, as saying. That boost was reporte

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