Unemployment to Rise in 2017 – ILO

South Africa’s unemployment rate is expected to rise by 300 000 people by next year, warns ILO
 

The International Labour Organisation (ILO) says South Africa’s unemployment rate is expected to rise by 300 000 people by next year.
 
In its World Employment Social Outlook report, the ILO warned that if there is no change in policy responses to the global economic slowdown, about 3.4 million more people would be without jobs by 2017.
 
It is estimated that 5.3 million people (25.5 percent) in South Africa will be unemployed this year, and 5.4 million people (25.7 percent) in 2017. Last year 5.1 million people were unemployed.
 
To read the article titled, “Unemployment to rise by 300 000,” click here.

Source: 
Independent Online

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