Bad news for ANC as unemployment rate jumps to 32.9%
Job creation in manufacturing and mining fails to offset losses in finance, construction and social services
SA’s unemployment rate has ticked up in the first quarter of 2024, bringing bad news to the governing ANC as opposition parties sharpen their knives to pounce on the party’s failure to curb joblessness ahead of this month’s crucial election.
The unemployment rate rose 0.8% to 32.9% in the first three months of year, according to Stats SA, as tens of thousands of jobs created in sectors such as manufacturing, agriculture and mining failed to offset losses in finance, construction and community and social services, which includes government services, education, social work and other community development...
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