Labour Costs in South Africa increased to 137.50 points in the first quarter of 2024 from 136.60 points in the fourth quarter of 2023. Labour Costs in South Africa averaged 42.98 points from 1970 until 2024, reaching an all time high of 137.50 points in the first quarter of 2024 and a record low of 0.70 points in the first quarter of 1970. source: South African Reserve Bank




Related Last Previous Unit Reference
Employed Persons 16946.00 16652.00 Sep 2024
Employment Rate 40.30 40.70 percent Jun 2024
Labor Force Participation Rate 60.20 60.60 percent Sep 2024
Labour Costs 137.50 136.60 points Mar 2024
Minimum Wages 27.58 25.42 ZAR/Hour Mar 2024
Population 62.20 61.40 Million Dec 2023
Retirement Age Men 60.00 60.00 Years Dec 2024
Retirement Age Women 60.00 60.00 Years Dec 2024
Unemployed Persons 8011.00 8384.00 Thousand Sep 2024
Unemployment Rate 32.10 33.50 percent Sep 2024
Wages 27450.00 26783.00 ZAR/Month Jun 2024
Wages in Manufacturing 23614.00 23102.00 ZAR/Month Jun 2024
Youth Unemployment Rate 60.20 60.80 percent Sep 2024

South Africa Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
137.50 136.60 137.50 0.70 1970 - 2024 points Quarterly
SA, 2015=100