Low business confidence lies behind rising unemployment rate, say analysts
The state is not taking the crisis seriously, says economist Lumkile Mondi
SA’s unemployment rate climbed to its highest level since the global financial crisis, data from Stats SA showed on Tuesday.
The rate increased 0.1 percentage point to 29.1% during the third quarter of 2019, statistician-general Risenga Maluleke said. “This is the highest since the first quarter of 2008,” he said...