Unemployment rate expected to remain high in fourth quarter - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Unemployment is expected to remain elevated in the fourth quarter as the economy battles low growth exacerbated by load shedding.

Economists expected the unemployment to come out at about 32.8% when StatsSA releases the fourth quarter data on Tuesday.

The weak growth in the local economy means low job creation prospects. With the expectation that growth will be below 1% this year, because of the intense power cuts, employment prospects are bleak.In the third quarter, unemployment amongst young people aged between 15 and 34 stood at 44%. Economist Miyelani Mkhabela says while employment may have been boosted by the seasonal employment in the quarter because of the festive season, challenges remain.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

NationalShutdown 20 March

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 37. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Urgent application filed over Ramaphosa's failure to appoint SABC Board - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Non-profit organisation, Media Monitoring Africa (MMA), has filed urgent papers in the Constitutional Court over President Cyril Ramaphosa’s failure to appoint the South African Broadcasting Corporation’s (SABC) Board. New dawn being forced to do his work, but he showed that he has no interest in building this country, we are on our own and thanks MMA for being caring, ramaphosa keeps on showing that he doesn't care 🤔🤔 This quite embarrassing & disappointing,why is he stalling?.They did well for taking him to court kwamna ngoku am starting to get annoyed by his inaction & slow pace!
La source: SABCNews - 🏆 37. / 51 Lire la suite »

'SABC Board appointment delay is not due to dereliction of duty' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Presidency has defended the delay in the appointment of the SABC Board saying it is not due to the dereliction of duty on the part of the President. It's a disgrace.
La source: SABCNews - 🏆 37. / 51 Lire la suite »

SABC to broadcast ICC Women's T20 World Cup final on Sunday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The SABC has secured the rights for the live broadcast of the ICC Women’s T20 World Cup final match between South Africa and Australia on Sunday at Newlands Cricket Stadium in Cape Town. Wasting of financial resources as most of our country are facing loadshedding during the event
La source: SABCNews - 🏆 37. / 51 Lire la suite »