JOBS: Still looking for a plan
Organised labour is highly disappointed at the budget’s silence on any employment stimulus package
There was precious little in finance minister Tito Mboweni’s budget speech to provide any comfort that the government has a plan to solve the jobs crisis.
SA is battling an unemployment rate of 29.1%, its highest since 2008. In his budget speech on Wednesday, Mboweni said achieving economic growth and higher employment levels "requires a plan". He did not, however, provide any clue as to what this plan might be.