Tuesday, November 05, 2013

DA-the rate of unemployment has increased

Mluleki Mrwebi
05 November 2013

The Democratic Alliance said the recent unemployment figures released by Goldman Sachs Two Decades of Freedom shows that the rate of unemployment has increase since 1994. 

DA MP of Finance Tim Harris said government has failed to tackle unemployment. 

The report shows that narrow unemployment is up by 5.6% and broad unemployment is up by 5.3%. 

Harris said there are some aspects which the government can be commended for the increase in the size of the middle class and some reduction in poverty.

He added that the significance failure in the past two years is any progress in tackling unemployment in the past twenty years and the rate has increased in the past. 

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