Even the employed not spared as Covid-19 costs SA more than 2-million jobs

[ad_1]

SA’s already battered economy shed 2.2-million jobs during the second quarter, while more than a fifth of those still in jobs and being paid during the worst of the lockdown saw their pay reduced.

These figures, released in the Stats SA’s long-delayed quarterly labour force survey (QLFS) on Tuesday, were however clouded by what some analysts termed a “statistical quirk” that resulted in the official unemployment rate falling to 23.3%.

[ad_2]

Source link

error: eRadio is protected !!