Unemployment biggest culprit in South Africa’s inequality

World News: . []

Unemployment, and not low formal sector wages, is the biggest cause of inequality in South Africa, economist Mike Schussler argued at a presentation of trade union Uasa’s sixteenth ‘South African Employment Report’, in Johannesburg, on Tuesday. Noting that no other country among the 100 biggest economies in the world has had more than two decades of unemployment above 20%, he said South Africa’s low unemployment was what really impacted on the country’s Gini coefficient.

Read More: http://www.engineeringnews.co.za/article/unemployment-biggest-culprit-in-south-africas-inequality-2017-11-14

Published: .

Search for other references to "unemployment" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.
Privacy Policy | Terms and Conditions | Contact Us