Employment Rate in South Africa increased to 43.34 percent in the fourth quarter of 2018 from 43.10 percent in the third quarter of 2018. Employment Rate in South Africa averaged 43.21 percent from 2000 until 2018, reaching an all time high of 46.17 percent in the fourth quarter of 2008 and a record low of 41 percent in the first quarter of 2004.
Employment Rate in South Africa is expected to be 43.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in South Africa to stand at 43.50 in 12 months time. In the long-term, the South Africa Employment Rate is projected to trend around 45.12 percent in 2020, according to our econometric models.