There are now 6.7 million people without work in South Africa, up from 6.2 million people in the first quarter of 2019.Inkuzi Wealth Group Economist Owen Nkomo says the unemployment statistics are disheartening.
“These are signs of our time we are leaving at, at the moment. The economy is under pressure. We see everyday people being retrenched. That number to move from 27.6% to where it is now is quite disheartening. The number is just very high and I don’t think it’s going to improve anytime soon because we have all these challenges that we are dealing with from a structural perspective of the economy and globally. The world economy is starting to come under pressure.
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They said when PresJGZuma goes...there will be more jobs,whose to blame now? Is it stll Zuma & the Gupta's? NewDawn
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