08 Jun Young Entrepreneur Tackles The Biggest Youth Challenges
Posted at 09:39h
in Thought Leadership
South Africa’s alarming unemployment rate is both a reality and a crisis.
In facts according to a report released in May by StatsSA, employment declined by 2,2% in the first quarter of 2016, combined with an increase in the number of unemployed people, this has resulted in an unemployment rate of 26,7%, which is 2,2 percentage higher compared to that reported in the fourth quarter of 2015.
The reality is that this is a national crisis that does not only require intervention from Government.