unit 4 - Whitney Parson American InterContinental...

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Whitney Parson American InterContinental University Unit 4 11/6/15
In South Africa the jobless rate increased to 25.5% in the third quarter of 2015 from 25% in the preceding period. The number of jobless rose 3.6% though employment exited up on a slower 1.1% plus additional individuals joined the employment force. Joblessness level in South Africa averaged 25.27% since 2000 until 2015, accomplishment an all-time high of 31.20 percent in the primary quarter of 2003 plus a record low of 21.50 percent in the fourth part of the quarter in 2008. Joblessness level in South Africa is informed by the Statistics South Africa. Unemployment in South Africa is now greater than it remained on the end of apartheid, through practically one-third of the employment force out of work or discouraged. At a period when practically half of the population is underneath 25%, joblessness between the young ages 16-25 is almost 50%, double the nationwide rate. Unemployment has not accomplished the matric requirement plus the percent was 60. The nation is in its demographic opening of opportunity plus will continue there for around 50 more years.

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