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South Africa's unemployment rate rises to 25.5 pct (corrected)

Xinhua, October 27, 2015 Adjust font size:

South Africa's unemployment rate increased to 25.5 percent in the third quarter of 2015, Statistics South Africa (Stats SA) said on Tuesday.

The figure rose by 0.5 of a percentage point from the second quarter rate of 25 percent, but is still an improvement from the first quarter rate of 26.4 percent.

The working-age population was 36.1 million - 15.8 million employed, 5.4 million unemployed and 14.9 million not economically active.

The 25.5 percent unemployment rate is a far cry from the six percent that the country wishes to achieve by 2030 under the National Development Plan (NDP). Enditem