The country's unemployment rate has reached a new high. Business editor Devan Murugan unpacks this. Courtesy #DStv403
JOHANNESBURG - South Africa’s official unemployment rate has risen to 32.6 percent between January and March 2021.
More than 7.2 million are officially unemployed.
The expanded unemployment rate, which includes discouraged workers, now stands at 42.3 percent.
About 9 in 10 graduates received their full salary in Q1:2021. The share of those receiving full salary increased irrespective of level of #education between Q4:2020 and Q1:2021.— Stats SA (@StatsSA) June 1, 2021
Read more here: https://t.co/LiyQoF5YJp#StatsSA #employment #income pic.twitter.com/zOyBoUfGtR
eNCA Business editor Devan Murugan talks to Investec chief economist, Annabel Bishop, to unpack the unemployment numbers. Courtesy #DStv403