Q2 2026: UNEMPLOYMENT RISES TO 33.6%; 345,000 MORE PEOPLE OUT OF WORK
Stats SA released the Q2 2026 Quarterly Labour Force Survey today. Official unemployment rose to 33.6%, up 0.9 percentage points from 32.7% in Q1 2026. The number of unemployed people increased by 345,000 to 8.5 million, while the number employed *fell* by 16,000 to 16.7 million.
The broader measures. Unemployment plus time-related underemployment (LU2) rose 0.7 points to 36.6%. Unemployment plus the potential labour force (LU3) — which counts discouraged work-seekers who have given up looking — rose to 43.8%. The composite measure of labour underutilisation (LU4) was unchanged at 46.3%. Nearly half the potential workforce is not fully employed.
Youth. Unemployment among people aged 15–34 reached 47.4%, up 1.5 points in a single quarter. That is 5.0 million young people without work.
Where the jobs went. Losses: community and social services −57,000, mining −26,000, agriculture −15,000, manufacturing −15,000. Gains: trade +70,000, construction +39,000, finance +11,000. By province, the Western Cape shed 48,000 jobs while Mpumalanga added 41,000.
Why this matters beyond the number. Losing jobs in mining, agriculture and manufacturing while adding them in trade and construction is a shift from tradeable, higher-productivity work toward domestic services. It also lands in the same month diesel rose R1.38/l — the input cost for exactly the freight and farming sectors now shedding staff.
Sources: Statistics South Africa — Quarterly Labour Force Survey Q2 2026 (released 11 August 2026)Permalink