"Hi, I'm Jacob Zuma. As you can see from these stats and graphs behind me, unemployment has decreased under the ANC government. This is because we have worked hard to get the economy going for our workers. We've done things like...well...just look at the figures. See, the ANC is the best party because we provide you with jobs."
NVDL: These stats on jobs are LIES! They've cooked the data. How can you have unemployment drop when mines are shedding workers, manufacturing is coming to a standstill, when the economy is contracting and we're technically in a recession? Koo koo. Some government agencies are playing with numbers figuring we're to s\dumb to notice. Maybe some are.
Figures show jobless rate fell by 1,3 percentage points as factory production plunged by record 21,8% SA’s official jobless rate fell by 1,3 percentage points to 21,9% — its lowest in a decade — with 189000 new jobs created, according to Statistics SA (Stats SA).
Employment rose by 34000 in two of the economy’s most embattled sectors — manufacturing and mining, which together make up more than a fifth of overall output.
This was seen as very odd given that factory production plunged by a record 21,8% in the fourth quarter. At the same time, mines have announced plans to cut more than 20000 jobs, as global demand for commodities wanes.
“I would be circumspect about the data, I think employment is under pressure," said Stanlib economist Kevin Lings. “I don’t think we’re in a shock unemployment situation, but I don’t believe we are accelerating job gains."
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1 comment:
Hi,
I like these types of article and blogs.I think the unemployment is a very very worst thing and badly affected on the peoples.In my point of view it is the responsibility of the government that they should give some opportunity of employment to the public of the country.
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