News Formal

Free market the answer to jobless rate of 35.3%, says economist

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Unemployment rate rises to 35.3% in 2021 fourth quarter with no sign of slowing

SA’s unemployment is showing no sign of abating, with the jobless rate climbing to a new record despite a sharp rebound in economic activity in 2021 after the easing of Covid-19 lockdown restrictions.

Coming just a few days after President Cyril Ramaphosa hosted an investment conference in which he was able to say he was within touching distance of a R1.2-trillion target announced four years ago, Stats SA data on Tuesday gave a dose of realism, highlighting the need for the government to deal with constraints such as Eskom power cuts and Transnet’s floundering rail network...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

This should be a free article

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

East Africa bloc becomes $250bn market as Congo joinsThe Democratic Republic of Congo joined the East African Community, bringing the regional trading bloc’s market size to a quarter of the continent’s population and providing it with access to the Atlantic Ocean. Moneyweb AfricaNews
Källa: Moneyweb - 🏆 5. / 77 Läs mer »