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NDUMISO HADEBE, ECONOMSIT AT PAX AFRICANA HOLDINGS

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⦁ SA's official unemployment rate jumped to 29% in the second quarter of the year, the highest jobless rate since the start of 2008.
⦁ The unemployment figures were published by Stats SA on Tuesday morning.
⦁ The country's unemployment rate was ⦁ 27.6% in the first quarter of 2019, meaning the rate has increased by 1.4 percentage points.
⦁ According to the Quarterly Labour Force Survey for the second quarter, there are 6.7 million unemployed people in South Africa between the ages of 15 and 64 years.

30 Jul 2019 12PM English South Africa Business News · Investing Gugulethu Mfuphi

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