CYRIL RAMAPHOSA|
OVER the last few years, South Africans have had to contend with slow growth and rising unemployment. This has been worsened by a devastating pandemic, an attempted insurrection unrest in July last year, and, earlier this year, severe floods in parts of KwaZulu-Natal, Eastern Cape and North West.
Amidst all this, the energy crisis has loomed large, causing damage to the economy and hardship for households and businesses.
Yet, even amidst these formidable challenges, our society and economy has proven to be resilient. And indications are that our economy is showing encouraging signs of recovery.
The latest employment figures, in particular, give us grounds for cautious hope.
Statistics South Africa recorded a decline in the unemployment rate for the second quarter of 2021. Significantly, their measurement shows that the actual number of people employed rose from 14.5 million people in the fourth quarter of 2021 to 15.5 million
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