Rising unemployment has become the direct source of discontent in the South African society, according to Popcru.
'The high rate of unemployment remains the Achilles’ heel of the economy – an economy that cannot ease the plight of the working class,' notes the report.
Quoting the quarterly Labour Force Survey in its social transformation and socio-economic report, under discussion at the union’s five-day central executive committee meeting, converging at the Birchwood Convention Centre in Boksburg, the union said the unemployed number of working-age people soared to 79 million.The report said the South African economy has experienced stagnation, which frustrated efforts to effectively deal with three historical inequalities, unemployment and poverty.
“Global economies are prone to storms, interspersed with temporary periods of calm, with South Africa no exception,” said the report. “Notwithstanding this slight positive growth, the high rate of unemployment remains the Achilles’ heel of the economy – an economy that cannot ease the plight of the working class,” noted the report.Turning to poverty, Popcru said in the South African context, the phenomenon could be attributable to “a plethora of factors that have a deep impact on people’s lives, with one major feature being the legacy of apartheid”.
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