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How SA lost a decade of jobs in four months
How four months wiped out 10 years of jobs growth, and created millions of new grant recipients
30 September 2020 - 13:00
Vladimir Lenin is famously quoted as saying: "There are decades where nothing happens and weeks where decades happen."
Looking back, it’s clear that a decade’s worth of change has happened in just four months in SA. In an ironically symmetrical fashion, the country seems to have lost a decade’s worth of jobs in less than half a year, while expanding its grants system by the equivalent of a decade over the same period...
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