Decline in South Africa's job figures
By Chanel September
29 September 2006
Labour Minister Membathisi Mdladlana told the Cape Argus that the drop in unemployment figures is an indication of good labour markets and this also shows how well our labour market policies are functioning.
The figures were issued by Statistics SA yesterday showed a decline in unemployment from 26.5% in March 2005 to 25.5% in March this year, the lowest since 2001.
The number of people seeking employment also increased and a further 1.2 million jobs had been created over the five year period.