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.
NationalShutdown 20 March
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