Picture cred: Labour market measures – Q3: 2019 / Stats SA

Economy

Unemployment rate reaches dizzy height of 29.1% in Q3

As the Medium Term Budget Policy Statement (MTBPS) by Finance Minister looms large, job numbers are out and they are underwhelming. Compounding the odds is an International Monetary Fund (IMF) July report which reflected sluggish global economic growth rate and downward revision of South Africa’s prospects. Failing to arrest the slide and beat the odds, […]

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