Busi Mavuso | SA is running out of options to deal with its jobs crisis

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Busi Mavuso.
Busi Mavuso.
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Women have been harder hit by unemployment than men, and what’s particularly concerning is that the second quarter jobless figures don’t account for the economic sabotage that we experienced last month, says Busi Mavuso.

The first thing that came to mind as I went through the second-quarter unemployment statistics released this week was just how dire the third quarter is going to be because of the July unrest. Having reached a new record of 34.4%, it’s inevitably going to rise even further.

Statistics South Africa’s GDP figures for the second quarter of this year are due out in the first week of September. They are likely to reflect a rebound in the economy from the Covid-19-induced ravages of last year, when we were in hard lockdown in that period. Yet, Stats SA’s quarterly labour force survey showed the number of employed people fell by 54 000 in the second quarter to 14.9 million, while the number of unemployed jumped by 584 000 to 7.8 million.

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