KHAYA SITHOLE: Jobless youth is SA’s most pressing problem
Trade, construction, agriculture and tourism sectors should become the focus of support as they employ more people than other sectors
Every country subjected to a Covid-19 lockdown needs to be decisive and strategic in formulating its economic recovery plan from the pandemic. For countries that already had poor economic fundamentals the pathway to recovery is laden with pitfalls and exogenous influences that will be a monumental challenge to overcome.
Variables relating to unemployment, ease of credit for businesses and income and wealth inequality will become the primary prism through which the success or otherwise of the economic recovery process is best analysed. This week’s Stats SA unemployment data delivered the expected (a rise in unemployment) and the sobering (the sheer volume of young people out of work)...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.