Only 4 in 10 people of working age have a job – report

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Cape Town – Only 43.3% of South Africans of working age are employed, says Gabriela Mackay, employment analyst at the Institute for Race Relations (IRR).

“This figure is lowest for black South Africans with only a 40.4% absorption rate in the labour market. These figures are low, especially when compared with similar economies,” according to Mackay.

The labour market absorption rate measures the proportion of people of working age who are employed and is a gauge to measure the health of labour markets in various economies.

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