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South Africa's Jobless Rate Hit 17-Year High Before Lockdown.

Authors :
Naidoo, Prinesha
Vanek, Monique
Source :
Bloomberg.com; 6/23/2020, pN.PAG-N.PAG, 1p
Publication Year :
2020

Abstract

South Africa's unemployment rate rose to a 17-year high in the first quarter, even before the full impact was felt of a nationwide lockdown in response to the coronavirus pandemic that brought the economy to a near standstill. At 50,000, the finance industry shed the most jobs in the first quarter followed by community and social services, which includes the government, cutting 33,000. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
144205787