Image sourced from Iemas Financial Services. /* custom css */ .tdi_4_5e7.td-a-rec-img{ text-align: left; }.tdi_4_5e7.td-a-rec-img img{ margin: 0 auto 0 0; } South Africa is currently dealing with an incredibly high unemployment rate, one of its highest in history, according to the Quarterly Labour Force Survey (QLFS). The latest QLFS results show that the official unemployment rate increased to 32,6% – the highest rate on its record. The number of unemployed people remained relatively unchanged at more than 11.4-million people, however, Stats SA notes that this number may not be concrete considering the large number of non-economically active individuals who make up home-makers and/or previously discouraged workers at 17-million. “The number of discouraged work-seekers increased by 201,000...
Sourced from Voice of the Cape /* custom css */ .tdi_4_012.td-a-rec-img{ text-align: left; }.tdi_4_012.td-a-rec-img img{ margin: 0 auto 0 0; } The Alternative Information and Development Centre (AIDC) and the Assembly of the Unemployed (AoU) note the results of the latest Quarterly Labour Force Survey (QLFS) with concern. The results of the survey show that unemployment in South Africa has reached some of the highest levels in the country’s history. It is the youth unemployment who make up the majority of the unemployed. The AIDC and the AoU believe that austerity policies by the government will only make the situation worse. The latest QLFS results show that the official unemployment rate increased to 32,6% – the highest rate on record. But while the official unemployment’s increase of 0....