South Africa’s job crunch persists ahead of expected Covid fourth wave
Employment in second-quarter dips as South Africa’s job crunch persists ahead of expected Covid fourth wave.
We’re in for a protracted recovery of the labour market, desperately dependent on economic recovery and growth. South Africa shed another 86,000 formal jobs in the second quarter of 2021, a nearly 1% drop from the previous quarter, as community services and the manufacturing sector cut employment – another red flag in the country’s ongoing battle to stem joblessness. Read this story on formal job losses in Q2.