The Annual Labour Market Bulletin
for the financial year 2012/2013 has found that the unemployment rate has
remained stubborn.
In a statement by the Department of
Labour it showed that the quality of jobs had declined and the type of jobs
created by the economy are short-term and not sustainable.
Some factors contributing to this
are the on-going strike actions happening in the country.
Department of Labour’s Thembinkosi
Mkhaliphi said they are confirming what the Minister of Finance and other
commentators in the labour market have been saying that unemployment rate in the country is not
reducing its still high and it’s a concern.
“We released a strike report for the
last financial year and the unemployment rate has not increased,”
Mkhaliphi added.
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