Real Unemployment Rate of 43% shows need for a Basic Income Grant and a Massive Public Jobs Programme
AIDC Statement | 12 November 2020 Stats SA’s release of the Quarter 3 unemployment statistics showing that ‘real’ unemployment has risen to 43.1% (more than 11 million people without work) should be yet another wake up call for the Cyril Ramaphosa administration. Even the conseravtive estimate of unemployment, that only considers people who are actively looking for work as unemployed, has shown a massive rise of 7% and is now sitting at over 30%. Young people and women are among […]
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