Mhlauli welcomes decrease in SA's unemployment rate

JOHANNESBURG - Deputy Minister in the Presidency Nonceba Mhlauli has welcomed the results of the latest labour force survey.

Mhlauli said this marked a significant step forward for the country's economy.

On Tuesday, Stats SA announced that the unemployment rate decreased by 1.4% to 32.1% in the third quarter.

It said that employment increased in both the formal and informal sectors of the economy during the period under review.

Mhlauli said that the decline was a testament to the hard work of government and all relevant stakeholders.

"The Economic Recovery and Reconstruction Plan and Operation Vulindlela initiated by President Ramaphosa have been instrumental in driving economic growth and job creation. We are pleased to see these efforts yielding positive results."