13 November 2020 1 Min Read

News Leader

WATCH: Why SA’s unemployment is at a record high

Stanlib chief economist Kevin Lings talks to Business Day TV about the jobless rate

in National by Business Day TV
Unemployed people queue for UIF payments. Picture: SUNDAY TIMES
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SA’s unemployment rate jumped to a record high of 30.8% in the third quarter as the economic effect of the Covid-19 pandemic took its toll on businesses.

Business Day TV spoke to Stanlib chief economist Kevin Lings about whether there is worse still to come amid concern about a second wave of infections.

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