African News South Africa Loses Millions Of Jobs To COVID-19

South Africa Loses Millions Of Jobs To COVID-19

-

- Advertisment -

 

 

South Africa Loses Millions Of Jobs To COVID-19

 

 

 

 

Authorities in South Africa’s say 2.2 million jobs were lost in the second quarter of 2020 during the coronavirus lockdown

The lockdown was introduced from 27 March to prevent the spread of the virus and the economy subsequently shrank at an unprecedented level leading to what has been described as It is the biggest fall in job numbers since the employment survey began in 2008.

The national statistics office’s figure for the number of people who have not been economically inactive indicated an even more dramatic economic decline. Between March and June that figure increased by 5.3 million people to 20.5 million.

The official unemployment rate actually dropped in that quarter from 23.3% from 30.1% in the first quarter of 2020. a reflection of how the lockdown prevented people from looking for work.

South Africa Loses Millions Of Jobs To COVID-19
South Africa Loses Millions Of Jobs To COVID-19
Parrot Nigeria
An online news aggregator

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Obama campaigns for Biden in Pennsylvania

        Former US President Barack Obama returned to the campaign trail for Joe Biden and Kamala Harris on Wednesday, launching...

Bear with us, it’s #EndSARS – Telecom operators to subscribers

          The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has apologised for the network outage being experienced by service...

How armed men attacked, set The Nation newspaper’s office ablaze – Editor

          The management of The Nation newspapers has explained how the headquarters of the company in Lagos was attacked and...

Ruthless Bayern maul Atletico Madrid

        Ruthless Bayern Munich have mauled Atletico Madrid 4-0 in a champions league match played on Wednesday in Germany. The Germans...

‘We’ll get justice for victims’ – Osinbajo breaks silence on Lekki shooting

        Vice President Yemi Osinbajo has broken his silence on Tuesday’s shooting of #EndSARS protesters in Lekki area of Lagos...

No Corps member killed during #EndSARS protest – NYSC

        The National Youth Service Corps, NYSC, has debunked report that a corps member was killed during #EndSARS protest in...

TRENDING

BREAKING: Mob set NPA Headquarters in Lagos ablaze

The Headquarters of the Nigerian Ports Authority (NPA), Marina...

Nigerian Army denies involvement in Lekki Toll Gate shooting

        The Nigerian Army has denied any involvement in Tuesday...
- Advertisement -

You might also likeRELATED
Recommended to you