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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa Unemployed Persons climbed to 8.14 in January 2026
FMPMonthlyReleased May 2026
South Africa Unemployed Persons climbed to 8.14 in January 2026, released May 2026, up 0.3 from December's 7.84 reading. The reading matched the 8.2 consensus. Year-over-year, the indicator is down 0.09. Unemployed Persons is now the highest in 6 months.
Latest Release
8.137
Actual
8.2
Consensus
7.836
Previous
Median Absolute Error
±0.09 million
across last 12 releases
Last Call
Feb 2026
Predicted: 7.9
Actual: 7.84
Error: +0.06
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/ZAR | ▼ Inverse | −0.50 | FOREX | Bullish ZAR | → View |
| EUR/ZAR | ▼ Inverse | −0.40 | FOREX | Bullish ZAR | → View |
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of 7.84. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.09. Historically, this indicator is negatively correlated with USD/ZAR (Bullish ZAR) and negatively correlated with EUR/ZAR (Bullish ZAR).
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Unemployed Persons - ZA
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