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South Africa's Jobs Crisis - What 10 Years of Tax Data Tells Us
Administrative tax data show formal-sector job creation averaged about 130,000 a year, while unemployment rose from 8 million to almost 12 million.
2 Articles
2 Articles
South Africa’s jobs crisis: what 10 years of tax data tells us
It’s time South Africa faced up to an honest question: what if the formal economy can’t deliver the jobs that are needed? I am an economist who has been working closely with South Africa’s administrative tax data over the past five years – arguably the best way to track progress in the formal sector. The sobering reality is that the country has gone backwards. And young people are bearing the brunt of the deterioration. The scale of the jobs cri…
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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