Unemployment rate at 13-year high (despite the economy adding 288 000 jobs)

Once the politics of the ANC is settled we must get to the business of getting the economy growing.

Mamokgethi Molopyane

The unemployment rate increased by 0.5% quarter-on-quarter (1.6% year-on-year).

This despite the economy adding 288 000 jobs.

The Money Show’s Bruce Whitfield interviewed Labour Analyst Mamokgethi Molopyane.

For more detail listen to the interview in the audio below (and/or scroll down for more quotes from it).

We are in a crisis. We do not need to wait for anything further.

Mamokgethi Molopyane

I put the blame on policy makers.

Mamokgethi Molopyane

Politics have caused the private sector to not invest.

Mamokgethi Molopyane

We have a large number of unemployed black graduates.

Mamokgethi Molopyane

The R3500 minimum wage is a start.

Mamokgethi Molopyane

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Article brought to us by Old Mutual.


This article first appeared on CapeTalk : Unemployment rate at 13-year high (despite the economy adding 288 000 jobs)


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