As many as 9.3 million people are looking for work in South Africa – an economy in recession and where the average person is getting poorer. The country’s economic decline has been chalked up to a number of issues, from political and policy uncertainty, structural unemployment, labour force red tape, and inequality and infrastructure deficits.
GDP data out at the start of June showed that the local economy declined by 0.7% in the first quarter of 2017, putting the country into a technical recession. The World Bank also noted that growth in the country remains problematic, lowering its estimates for 2017 to 0.6% and 1.1% growth in 2018. Stats SA announced at the start of June that the country’s unemployment rate hit its worst level in 14 years.