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Mining and labour analyst Mamokgethi Molopyane says while there have been some green shoots in labour market activity, South Africa still faces an unemployment crisis.

in the third quarter of 2021, to 34.5% in the first quarter of 2022.

Statistics South Africa’s Quarterly Labour Force Survey indicates that 370 000 jobs were gained between the fourth quarter of 2021 and the first quarter of 2022.This means that the number of unemployed people now stands at 7 000 862. 45.5% of the labour force was without work in the first quarter, compared with 46.2% in the fourth quarter.Molopyane explains: “There might be glimmers of hope here and there, on individual sectors performing well here and there, but overall, South African is facing a crisis of a labour market that cannot create jobs. An economy that is s, such that people who are on the lower levels of income are to enter the market.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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