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2017.10.3108:14:00UTC+00South Africa's Jobless Rate Steady In Q3

South Africa's unemployment rate held steady in the three months ended September, figures from Statistics South Africa showed Tuesday.

The jobless rate came in at 27.7 percent in the third quarter, the same rate as in the second quarter.

In the corresponding period last year, the rate was 27.1 percent.

The number of unemployed people rose to 6.21 million in the September quarter from 6.18 million in the previous quarter. A year ago, the jobless figure totaled 5.87 million.

The labor force participation rate also remained unchanged at 59.9 percent in the third quarter.

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