Unemployment in NW grows as failing ANC remains clueless
1 November 2018
The increase in North West’s unemployment rate to 43,4% comes as no surprise as the failing ANC remains clueless on growing the economy and rooting out corruption, invest in critical infrastructure and open fair access to real and long-term jobs, especially for the youth.
According to the recently released Quarter Labour Force Survey, North West’s real unemployment rate, which includes those persons who have given up looking for work, saw a 0.5% point increase to 43.4%.
The construction and mining sectors recorded the largest job losses at 16 000 and 14 000 respectively.
Out of a labour force of 1,7 million people, only 979 000 people are employed, leaving more than 767 000 are unable to find work. This is an indication of the dire economic situation in the North West, largely due to the failing ANC government’s inability to attract investment to spur growth that can create jobs.