DStv Channel 403 Wednesday, 20 November 2024

Thousands lose jobs in first quarter

JOHANNESBURG - The latest quarterly employment figures released by Stats SA show a significant blow to the job market, with a staggering 21,000 job losses in the first three months.

This gloomy trend includes an alarming 97,000 fewer job opportunities in March 2023 compared to the same period in 2022.

READ: Call for government, business to create jobs

A worrying number of South Africans are being forced from full-time employment and are now resorting to part-time work in order to survive.

These disappointing numbers reflect the devastating effects of power cuts on the economy.

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