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THE

BEECHAMBER

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NEWS

COUNCIL REACTS TO YOUTH UNEMPLOYMENT STATISTICS

ENCA | 17 March 2023

Johannesburg - The Youth Economic Council says government has failed to develop job opportunities outside major cities.


It was reacting to the latest unemployment statistics.


The official jobless rate increased to 32.9 percent in the first three months of the year.


This translates to just under 8-million people officially out of work.


Those without jobs between 15 and 24 years of age sits at a staggering 62-percent.


Sectors that shed jobs in the period include mining, manufacturing and construction.


The council says the government must prioritise developing smaller economies outside cities.


‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’.



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