Indications of weak economic growth for the first quarter suggest the rate is set to increase, say analysts.
As Investec's Kamilla Kaplan notes, jobless figures in any case generally rise in the first quarter of the year as temporary employees hired in the service sector over the festive season are laid off. Kaplan is predicting a 0.4% increase in unemployment to 27.5%, while NKC African Economics estimates that StatsSA will announce a figure of 27.4%.
Fin24 Haha..who needs economists to figure that out....
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2019 ELECTIONS: Unemployment and housing take centre stage on Western Cape election day tourOn a rainy Cape Town day, the sixth democratic elections took place. Daily Maverick accompanied a special Electoral Commission of South Africa tour of Cape Town with members of the diplomatic corps to observe the voting process. For voters and observers alike, the usual suspects were obvious: Housing and jobs needed to be addressed immediately after the polls.
Source: dailymaverick - 🏆 3. / 84 Read more »
Unemployment, rising debt set to put Cyril Ramaphosa to the test | IOL NewsPresident CyrilRamaphosa may be on course to retain power in the election, but he will face the challenge of fixing an economy that is stoking public unrest. Stop pushing the man on our throught we voting according to our compos mentis How to get the economy right is every political party's nightmare
Source: IOL - 🏆 46. / 51 Read more »
Economists set out Ramaphosa’s priorities after pollA credible cabinet and restoration of business and consumer confidence seen as crucial to economic recovery Number 1,stop stealing Tax payers money
Source: BDliveSA - 🏆 12. / 63 Read more »
Rand stable for now, but could be affected by new Cabinet - economistElectionResults: Rand stable for now, but could be affected by new Cabinet, says economist
Source: ewnupdates - 🏆 30. / 53 Read more »
Economists set out Ramaphosa’s priorities after pollA credible cabinet and restoration of business and consumer confidence seen as crucial to economic recovery
Source: BDliveSA - 🏆 12. / 63 Read more »
Elections key to reviving SA economy, say economistsWhichever political party wins the elections, it would need to act quickly to address persistently low growth rates, high unemployment, and an ever-widening public debt.
Source: ewnupdates - 🏆 30. / 53 Read more »
EFF's Paulsen predicts election victory in WCWestern Cape-based Member of Parliament Nazier Paulsen said that he was confident there would be no need for any coalitions in the Western Cape because the EFF would make a clean sweep of the province. Dream on. LOL, seriously funny 😂😂😂😂😂😂😂😂😂😂😂
Source: ewnupdates - 🏆 30. / 53 Read more »
Vote ‘under my umbrella’ – rain predicted for parts of WC tomorrowPolitical parties have been campaigning in mostly fair weather, but on Wednesday some voters can expect to brave cold and wet conditions.
Source: ewnupdates - 🏆 30. / 53 Read more »
Christians of SA group calls for arrest of sangoma who predicted ANC victory | IOL NewsThe Christians of South Africa group criticised traditional healer Gogo Ntoleng for predicting that the ANC would win the election. Someone must tell COSA that this is Africa not Europe Is this lies by the so-called COSA fake news or what? Politicians visited churches & they prayed for all politicians to win, that was strange but not devilish. The Sangoma told us the truth that ANC will win. Actually the churches should have prophesised when they had a chance.
Source: IOL - 🏆 46. / 51 Read more »
CSIR predicts biggest ANC loss since ‘94 | Election | M&GSAElections2019: The ANC will see its biggest decrease in support in its history once the vote count has been completed according to the CSIR and the SABC. AdvBarryRoux Strange bed fellas downloading
Source: mailandguardian - 🏆 2. / 92 Read more »
Ipsos poll predicts ANC to win national voteThe DA is predicted to remain as the main opposition but will decline from the 22 percent it achieved in 2014. By 52% 😂 Obviously.... But you didn’t come to our village 🤣😂🤣🤣 breakfast propaganda....
Source: eNCA - 🏆 49. / 51 Read more »