South Africa's unemployment rate falls to 27.1 pct in Q4


PRETORIA, Feb 12 (Reuters) - South Africa's unemployment rate fell to 27.1 percent in the fourth quarter from 27.5 percent in the third quarter, official data showed on Tuesday.

There were 6.1 million people without jobs in the three months to the end of December, compared with 6.2 million people in the prior quarter, Statistics South Africa said its quarterly labour force survey.

The statistics office said employment rose in the finance, private households, manufacturing and mining sectors.

This article appears in: World Markets , 401k , Banking and Loans , Retirement

More from Reuters


See Reuters News

Research Brokers before you trade

Want to trade FX?