The unemployment rate surprised South Africans, easing slightly in the third quarter as the number of unemployed people decreased.
Stats SA said on Tuesday the unemployment rate fell by an entire percentage point, from 33.9% in the second quarter to 32.9% in the third, supported mainly by the manufacturing, trade, construction and transport sectors...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
High unemployment rate in SA is a sure sign that this post 94 adopted economy is dismally failing to address decades,if not centuries, long inequalities that were deliberately overlooked when the pre-94 settlement agreement was negotiated.
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JUST IN | Good news as SA's unemployment rate improves | BusinessThe official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33.9% in the second, Statistics SA reported on Tuesday. | News24_Business _Business 🤣🤣🤣🤣 Yeah by 1 % probably not even. Wow our economy is gonna bust through the roof now🤣🤣🤣 _Business The official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33;9% in the second quarter, Statistics SA🇿🇦reported on Tuesday News 24_business. This are really bad…. For our economy. _Business
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