budget 2020
JOBS: Still looking for a plan
Organised labour is highly disappointed at the budget’s silence on any employment stimulus package
27 February 2020 - 11:00
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.
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