The growth in unemployment highlights the deeply rooted economic challenges facing the country which continues to grapple with the legacies of colonialism and apartheid
South Africa has attracted a lot of migrants looking for work from other African countries because its economy is in much better shape than theirs. It’s unclear to me if those migrants are among those being counted as unemployed.
The article also mentions “informal employment.” In many southern African countries, people are making a living selling goods on the streets for which they don’t pay taxes. The “formal employment” numbers are grossly misleading.
This article also relies heavily on the opinions of one expert who places a lot of blame on neoliberalism. It appears that Breakthrough News reports in a way that many Lemmy users would appreciate. That doesn’t guarantee that facts will be shared.
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South Africa has attracted a lot of migrants looking for work from other African countries because its economy is in much better shape than theirs. It’s unclear to me if those migrants are among those being counted as unemployed.
The article also mentions “informal employment.” In many southern African countries, people are making a living selling goods on the streets for which they don’t pay taxes. The “formal employment” numbers are grossly misleading.
This article also relies heavily on the opinions of one expert who places a lot of blame on neoliberalism. It appears that Breakthrough News reports in a way that many Lemmy users would appreciate. That doesn’t guarantee that facts will be shared.