What is the percentage of black unemployment?
Data is seasonally adjusted and includes those 20 years and older. As of April 2022. For Black workers, the unemployment rate came within striking distance of all-time lows, falling to 5.9% in April from 6.2% in March. The record low for Black unemployment is 5.4% in October 2019.
How did the youth unemployment rate change from April to July calculate the youth labor force participation rate in July?
From April to July 2015, the number of employed youth 16- to 24-years old rose by 2.1 million to 20.3 million and youth unemployment increased from 2.1 million to 2.8 million. In July, the youth labor force grew by 2.8 million to a total of 23.1 million and the youth population was 38.5 million.
What percentage of South African youth is unemployed?
Year-on-year, the unemployment rate among young graduates (aged 15-24 years) declined from 40,3% to 32,6%, while it increased by 6,9 percentage points to 22,4% for those aged 25-34 years in Q1: 2022.
What was the black unemployment rate in 2021?
8.6 percent
In 2021, the unemployment rate of African Americans in the United States stood at 8.6 percent. This was over the national average of 5.3 percent.
What is the main cause of the high youth unemployment rate in South Africa?
Although there are various reasons for youth unemployment such as population growth, lack of experience, inappropriate ways of searching for a job, and lack of career guidance in schools, the unemployment rate for first-time job-seekers in South Africa is unacceptably high.
What is the Black unemployment rate in 2021?
In 2021, the unemployment rate of African Americans in the United States stood at 8.6 percent. This was over the national average of 5.3 percent.
Why is youth unemployment a problem in South Africa?
It is a toxic mix of supply-side (eg, education and skills) and demand-side (eg, low demand) factors, requiring decisive action ill-suited to contested and complex policy processes. In response, South Africa has had an overabundance of big-thinking policies and a critical shortage of implementation.
What was the Black unemployment rate in 2021?