OFM Business
Employment fell by 2.2 million─── 19:31 Thu, 01 Oct 2020
South Africa's unemployment rate fell to 23.3% in the second quarter of 2020 from 30.1% in the previous period.
It was the lowest jobless rate since the second quarter of 2009, as the country's strict lockdown distorted labour force numbers with fewer people actively looking for employment. Jaco Spies, labour expect, takes us through the reasons for this shift. He also elaborates on the psychological impact of the national lockdown on people searching for employment and those who are still employed.
Employment fell by 2.2 million:
