South Africa’s unemployment rate fell for the first time in a year, driven by job increases in the community and social services and construction sectors, as business confidence improves and economic growth shows signs of recovery.

South Africa's unemployment rate fell in the three months after the formation of a coalition government that has boosted business confidence and led to hopes for more progress on economic reform, data showed on Tuesday.

South Africa sees a 1.4 percent drop in its unemployment rate for Q3 2024, according to the StatsSA Quarterly Labour Force Survey (QLFS) Q3 2024.