Durbanâs unemployment rate up in the fourth quarter
By Thobeka Ngema
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Durban - The unemployment rate in KwaZulu Natal rose sharply from 14% in the third quarter of 2020 to 20.5% in the fourth quarter, which translated to 115 000 more people looking for work.
This is based on information from Statistics SA and the KZN Department of Employment and Labour collated by the eThekwini Municipality.
The municipality said that the figures were drastic and it suggested that Durban residents were now more determined to find work.
âHowever, the hope of finding work does not appear to be met by enough job opportunities â only 49 000 more people found jobs last quarter. For every 1 person who found a job last quarter, 2.4 more people were left looking for work,â the municipality said.
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