The unemployment rate in South Africa increased to 32.1% in the fourth quarter of 2023, up from 31.9% in the previous quarter, as reported by the country’s statistical agency. The data shows that the total number of unemployed people rose from 7.849 million in the third quarter to 7.895 million in the last quarter of the year. Additionally, according to an extended definition of unemployment which includes individuals who have given up on job-hunting, the jobless rate stood at 41.1% in the October-December period compared to 41.2% in the July-September phase.

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