×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

It’s hard for SA’s unemployment data to shock a country as punch drunk as SA, but Stats SA’s third-quarter labour force survey has done just that. It shows that the economy shed another 660,000 jobs in the third quarter — not even half of which can be explained by the July unrest.

The steep drop seems at odds with the fact that SA’s economic recovery has been better than expected, suggesting that economists may be underestimating how badly the pandemic, coupled with severe water-and energy-shedding, and rapidly rising input costs, are affecting business...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now