Economic Deficiencies Blamed for Rising Unemployment

Problems in the structure of the economy are contributing to the country's high unemployment rate, according to Stats SA

Statistics South Africa (Stats SA) has acknowledged that problems in the structure of the economy are contributing to the country's high unemployment rate.

The figures released by Stats SA show that South Africa's unemployment rate increased to 25.5 percent in the third quarter from 24.9 percent.

According to Stats SA deputy director-general, Kefiloe Masiteng, the increase is largely due to the lack of employment creation in sectors such as mining, private households and trade.

To read the article titled, “Economic deficiencies blamed for increased joblessness,” click here.

Source: 
SABC News

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