Story perspectives
South Africa Sees Modest Job Growth Amid Unemployment Crisis
3/26/2025
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Story summary
- COSATU celebrates a 0.1% rise in employment, adding 12,000 jobs in Q4 2024, despite a yearly loss of 91,000 jobs.
- Job growth is driven by trade, business services, transport, and electricity sectors.
- South Africa's unemployment rate stands at a concerning 41.6%, raising issues over proposed VAT increases.
- Experts warn that this modest job gain is inadequate amid the ongoing unemployment crisis.
