Uncategorized

South Africa has one of the highest unemployment rates in the world.

South Africa has one of the highest unemployment rates in the world. According to Statistics South Africa (Stats SA) the latest employment data indicates an unemployment rate of 25.2% in terms of the narrow definition and 35.1% if the broad definition is used.  The “narrow unemployment rate” refers to people who are unemployed and actively seeking work, while the “broad unemployment rate” refers to people who are unemployed and available to work but have not taken active steps to look for work.  But do the country’s youth really account for…

Read More