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South Africa’s unemployment rate is now highest in the world

South Africa is currently going through a lot or rather the government ruled by African National Congress (ANC) is faced with the challenge of high unemployment rate.

It has been reported that there are so many people who are looking for employment in South Africa but find no luck regardless of qualifications they are carrying.

There are more than 67% of qualified youths in the republic of South Africa whom are unemployed and some of them have lost hope that they might find themselves working one day.

The unemployment rate, which includes people who have stopped looking for work, rose to 44.4 percent in the second quarter.

It has been reported South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by Bloomberg.

Now South African government has been reported that it is now the world number one with the highest unemployment rate in the world.

Sources: https://www.aljazeera.com/economy/2021/8/24/south-africas-unemployment-rate-is-now-the-worlds-highest

Content created and supplied by: Mukona94 (via Opera News )

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