The official unemployment rate in South Africa increased to 25.20 percent in the first quarter of 2014 from 24.10 percent in the fourth quarter of…
The official unemployment rate in South Africa increased to 25.20 percent in the first quarter of 2014 from 24.10 percent in the fourth quarter of 2013. Unemployment rate in South Africa average 25.26 percent from 2000 until 2014, reaching an all-time high 31.20 percent in the first quarter of 2003 and a record low of 21.50 percent in the fourth quarter of 2008. Unemployment rate in South Africa is reported by Statistics South Africa
Adapted: www.tradingeconimics.com
1. Based on the extract above, discuss the caused and the types of unemployment in South Africa.
2. Evaluate how the following changes may affect the rate of unemployment in South Africa?
2.1 Elimination of unions
2.2 Elimination of minimum wages
3. Discuss the strategies that government could use in South Africa to bring down the level of unemployment
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