Unemployment is likely to keep rising, given SA’s muted growth prospects, but mass public employment schemes and a universal wage subsidy could change that, writes ClaireBisseker.
As SA’s economy continues to recover from the pandemic, will unemployment continue to rise inexorably? And, if so, should the state be pouring more resources into social grants or public employment schemes?
In seeking to evaluate the country’s employment prospects, it doesn’t help that Stats SA’s two labour force surveys produced starkly different results during the pandemic, though both agree that SA’s jobs recovery remains incomplete...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Can SA stage a jobs recovery?Unemployment is likely to keep rising, given SA’s muted growth prospects, but mass public employment schemes and a universal wage subsidy could change that, writes ClaireBisseker.
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