2024-02-22 –
THE latest unemployment figures once again confirm that South Africa is trapped in an economic growth crisis with devastating impacts for South Africans, especially young and black South Africans, hoping to find decent work.
Unless we are able to achieve a sustained economic growth rate of 5% to 6% per annum, South Africa will not able able to meaningfully reduce unemployment.In the Q4: 2023 figures released by StatsSA, 32.1% of South Africans, or 7.9 million people, are without a job or proper income.In terms of the expanded definition, which includes the people who have given up looking for jobs, […]
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