Cosatu urges bold action on rising unemployment in South Africa
By Lee-Yandra Paulsen Union Federation Cosatu has called for a Medium-Term Budget Policy Statement that decisively addresses unemployment and stimulates South Africa's struggling economy. The country’s official unemployment rate has risen from 32.9% in the first quarter to 33.5% in the second quarter. Cosatu’s Parliamentary Coordinator, Matthew Parks, stressed that both the government and the private sector must recognize the severity of the crisis impacting the unemployed and their families. […]
