South Africa's unemployment rate reached a record 34,9% for the third quarter, and 46,6% on the (more accurate) expanded definition
30 November 2021
The latest unemployment figures announced by StatsSA underscore the urgency with which we must create the conditions for meaningfully faster economic growth in South Africa.
We are determined, and even more so today, to grow the Cape Town economy faster so that we can lift more people out of poverty over time. Everything we do in government will be focused on this goal, and measured against this outcome.
Our current national policy framework is not working. Now is the time for trying new, bold and innovative things in government. We will do our part in Cape Town.
We will: