Chief economist at Nedbank Dennis Dykes says unemployment in South Africa can only be alleviated if the economy improves. Statistics South Africa revealed an increase in the unemployment rate on Tuesday.
South Africa’s unemployment rate rose by half a percentage point to 27.6 percent, official data showed on Tuesday, underlining the challenge facing President Cyril Ramaphosa after his African National Congress (ANC) government won elections last week.
On Wednesday Workers’ Day rallies around the country focused on the rights of workers.
Analysts say most young people around the world struggled to break into the job market when starting out but youth unemployment in South Africa is unusually high at 54%.