Veytics Intelligence
2026-11-11 · Businessinsider

South Africa's unemployment rate six times worse than India's despite having 22 times fewer people - Business Insider Africa

The latest figures reveal contrasting employment trends, with India recording gains in rural employment and agriculture, while South Africa continued to lose farming jobs despite efforts to revive the sector. According to Statistics South Africa (Stats SA), unemployment rose from 33.6% in the second quarter to 33.7% in the third quarter, leaving 8.6 million people unemployed and 16.8 million in work. Although the economy added 101,000 jobs, the number of unemployed people increased by 97,000 as the labour force grew by 198,000. India, with a population of 1.48 billion compared with South Africa's 65.5 million, recorded an improvement over the same period.

Read the full Veytics brief

We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.