South Africa's Unemployment Crisis Deepens
South Africa's unemployment rate climbed to 32.9% in early 2023, with an expanded rate hitting 43.1% as more individuals grow discouraged. Black women and young people are especially vulnerable. The government is pursuing reforms to boost jobs, though progress remains slow.
South Africa's unemployment rate increased to 32.9% in the first quarter of this year, a concerning rise from the previous quarter's 31.9%, according to Statistics South Africa.
Under the expanded definition, which includes discouraged job-seekers, unemployment jumped to 43.1%. Desiree Manamela, chief director of labour statistics, highlighted the worrying trends during a recent press conference, noting a growing sense of hopelessness among potential workers.
The government, led by President Cyril Ramaphosa, is implementing reforms under the 'Operation Vulindlela' initiative to stimulate economic growth and job creation, though its effects have yet to significantly impact the unemployment figures.
(With inputs from agencies.)
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