278 000 more people unemployed under Ramaphosa
30 October 2018
The release of the StatsSA’s Quarterly Labour Force Survey today revealed that unemployment has increased to 27.5%. This is nothing short of an economic disaster.
Expanded unemployment figures now stand at a staggering 9.785 million. Unemployment increased by 125 000 from the second quarter or a staggering 337 000 more unemployed on a year on year basis.
This means that the number of unemployed has increased by 278 000 since President Cyril Ramaphosa’s Presidency began.
Our country is facing an unprecedented unemployment crisis, as each of the 9.8 million unemployed South Africans represent families who cannot put food on the table and provide basic necessities.