9,5 million South Africans now unemployed under Ramaphosa’s ‘False Dawn’
15 May 2018
President Cyril Rampaphosa’s ‘false dawn’ has driven 264 000 South Africans to the ranks of the unemployed, proving, beyond any doubt, that the ANC will never be able to solve the unemployment crisis.
The Quarterly Labour Force Survey released today shows that unemployment has increased from 9,216 million in the previous quarter to 9,481 million.
Of major concern, is that young South Africans between the ages of 15-24 years are now unemployed, up from 63,9% in the previous quarter. In addition, 42,8% of people between the ages of 25-34 years are still unemployed.
A blanket national minimum wage will only worsen the situation and the DA still insists on sectoral minimum wages to save and create more jobs.