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/ 4 September 2009
The pace of US job losses hit a one-year low last month but the unemployment rate jumped to a 26-year high of 9,7%, the government said on Friday.
Government is shaking up a cocktail of unemployment, skills and incentive funding to ward off the worst of the current recession.
As SA’s unemployment lines keep growing in its first post-apartheid recession, Johannesburg’s sidewalks are increasingly crowded with street traders.
SA’s official jobless rate ticked up slightly in the second quarter, a labour report showed on Tuesday.
The government is still committed to halving unemployment and poverty by 2014, despite the global economic downturn, Trevor Manuel said on Tuesday.
SA’s drive to create millions of job opportunities will cost R10-billion over the next three years, Trade and Industry Minister Rob Davies said.
We all know that fewer companies are hiring, and more companies are downsizing, but now the numbers have emerged. And they look gloomy.
Mooinooi, a one-employer town, where many workers have a single skill, is hurting badly as a result of Wall Street’s excesses.
Growing unemployment will make it hard for the ANC to meet its target of halving unemployment within the first two decades of freedom, Cosatu said.
Amid a furore over the news of a drop in SA’s unemployment rate to 21,9%, Stats SA said on Thursday that the lower rate is statistically correct.
The economic crisis will give way to a more enduring era of economic development in Africa, Finance Minister Trevor Manuel said on Monday.
SA will meet a 2014 target to halve unemployment, a Cabinet minister said on Saturday, despite the prospect of rising job losses.
Employment growth in SA is steadily declining but the country remains better off than many others, consulting company Grant Thornton said on Thursday.
Look at it this way, it could be worse. At least there is 2010. Or maybe not. Phillip de Wet reports.
South Africa’s unemployment rate dropped slightly to 21,9% in the quarter ended December 2008 from 23,2% in the third quarter, data showed on Monday.
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/ 19 February 2009
Government, business and labour finalised a blueprint on Thursday for minimising the effect of the global financial crisis on the SA economy.
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/ 29 January 2009
Zimbabwe’s unemployment rate has spiked to 94%, meaning that fewer than half a million people there are formally employed, the UN said on Thursday.
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/ 23 January 2009
The tentacles of the deepening global recession are reaching Africa’s largest economy, which is at risk of slipping into recession in 2009.
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/ 22 January 2009
Microsoft reported disappointing earnings on Thursday and plans to cut up to 5 000 jobs as US jobless claims rose more than expected.
The United States unemployment rate surged to its highest level in nearly 16 years in December.
Tensions mounting between native job-seekers and immigrants competing for a declining pool of work in Spain will intensify in 2009.
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/ 22 December 2008
Barack Obama’s administration signalled on Sunday that it was preparing the biggest economic stimulus in US history to avert mass unemployment.
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/ 15 December 2008
Trade union Solidarity said on Monday that it expects many things will start going right for the country in 2009.
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/ 9 December 2008
Young professionals have struggled to find work in a sliding economy, but one area — Silicon Valley — has been relatively immune. Until now.
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/ 9 December 2008
All the odds seem to be heavily stacked against South Africa’s goal of halving unemployment by 2014, industry players said late on Tuesday.
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/ 26 November 2008
Cape Verde’s deportees say they return home only to find plentiful drugs, unemployment and discrimination.
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/ 26 November 2008
Fedusa and its affiliates on Wednesday said they were worried about the number of possible job losses resulting from the global economic crisis.
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/ 12 November 2008
Cosatu has launched a new project that will focus on making sure the lives of the poor and workers are improved, it announced on Wednesday.
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/ 28 October 2008
Employment levels in the second and third quarter of 2008 remained stable at 13,7-million, Statistics South Africa said on Tuesday.
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/ 10 October 2008
What has the Expanded Public Works Programme achieved in the period since its launch in 2004?
The Unemployment Insurance Fund (UIF) pays beneficiaries about R14-million a day, it has revealed in its 2008 annual report.
Nigeria may rank among Africa’s top oil producers but many people scrape by on day or less.