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6.2 million South Africans are actively looking for a job but can’t find one

"The rate of unemployment in South Africa rose to 27.6% at the end of the first quarter (Q1) of the year. It’s the worst figure since Q3/2017, a nearly 15-year high. About 237 000 fewer people had jobs in Q1/2019 compared to Q4/2018. There are now 6.2 million South Africans who are actively looking for a job but can’t find one.

The Money Show’s Bruce Whitfield interviewed Kevin Lings, Chief Economist at Stanlib Asset Management."

Listen the the interview on Cape Talk

Tags: Enterprise Development News and opinions

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