Education not helping families’ financial standing
Many graduates with degrees and people with matric are excluded from economic activity, says Unisa professor
Even though SA households are trying to improve their circumstances by getting more educated, their living conditions are deteriorating as a result of smaller salary increases and higher personal income taxes.
A survey conducted by insurance company Momentum and the University of SA shows that local households' financial wellness has remained flat in 2018 because of deteriorating living conditions and a reduction in incomes. ..