Economists warn that South Africa’s jobs crisis is likely to get worse

[BusinessTech]

Economists warn that South Africa’s jobs crisis is likely to get worse

The Quarterly Employment Statistics published by Statistics South Africa on Tuesday (28 September) shows that a further 86,000 jobs were lost in the formal non-agricultural sector in the second quarter of 2021, with economists warning that the cuts will have significant knock-on effects.

 

[etienne_marais]

Fine world the left has left us in

 

[rvZA]

"Likely" - yeah no, it is more a certainty.

 

[The_Right_Honourable_Brit]

Going to be much worse in Q3 with the higher levels of lockdown we had and the glacial pace at which we are unlocking (should have been on level 1, two weeks ago).

 

[blah99]

Our ANC voters must be so proud.

 

[xtm]

Riot, and lockdown effects starting to shine.

 

[Paul_S]

One doesn't have to be a rocket scientist to see that as long as we have a self-serving, corrupt government running the show things can only get worse.