EDITORIAL: SA’s catastrophic job losses should jolt Ramaphosa into action
These losses have, in all likelihood, given SA another unwanted record of groaning under the world’s highest unemployment rate
If one needs to understand the Herculean task facing President Cyril Rampahosa, simply glance over the Stats SA’s quarterly labour force survey report and there you have it: more than 2.2-million jobs lost in the second quarter.
This was not unexpected as the jobs were wiped out when SA was under one the world’s toughest lockdowns, banning alcohol and tobacco sales, and restricting e-commerce companies to selling only essential items. The job losses have, in all likelihood, given SA another unwanted record of groaning under the world’s highest unemployment rate with roughly one-third of the population without work. ..
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