Jobless set to multiply as growth lags
Statistician-general warns of dire situation as 400,000 new entrants will face failure in finding work
11 October 2016 - 06:29
SA’s low growth will leave many people outside the labour market, with about 400,000 people failing to find employment every year, statistician-general Pali Lehohla has said. SA’s economy faced recession in 2009 and has grown modestly since then. Growth has slowed to 1.3% in 2015 and is expected to slow even further to almost 0.5% in 2016, making it harder for jobs to be created.
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