Economist says Low Growth and Deindustrialisation Deepening SA’s Jobs Crisis

South Africa’s employment picture remains challenging, with the latest Stats SA figures showing the formal sector shed 14,000 jobs between March and June. Employment was also down by 95,000 compared with the same period last year, with manufacturing among the sectors recording significant job losses. Labour economist Professor Haroon Bhorat says low economic growth remains the biggest obstacle to creating enough jobs, particularly for young people entering the labour market. […]