JOHANNESBURG - The South African Federation of Trade Unions is calling for a total overhaul of the economy.
General Secretary, Zwelinzima Vavi said he believes Stats SA is contradicting itself following the release of the quarter two unemployment figures.
Statistician-General, Risenga Maluleke explained the unemployment rate monitors people who are actively searching for a job, which was reduced by lockdown restrictions.
"The expanded definition, which includes those discouraged and those having other reasons for not searching (e.g. lockdown), increased by 2,3-percentage points to 42,0-percent," Maluleke tweeted.
Officially, 4.3-million people are unemployed.
Cosatu's spokesperson, Sizwe Pamla said retail business owners will soon feel the impact of the economic downturn and warned more employees will face retrenchment.