Briefing Paper 539 – The Presidential Employment Stimulus – Denting Unemployment? by Kenny Pasensie
Statistics South Africa’s (Stats SA) latest quarterly labour-force survey, released in November,1 did not make for good reading. South Africa’s unemployment rate is now at a world record high of 34.9% – that is about 14.3 million of the working-age population. If the expanded definition of unemployment is used (this includes discouraged jobseekers) the rate […]