SA's unemployment rate falls to 27.1% in Q4

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The fourth quarter unemployment rate sits at 27.1%, still high but a marginal improvement from 27.5%. Meanwhile youth aged between 15-34 who are not in employment, education or training increased by 0.5 of a percentage point to 38.9%. Now last year, President Ramaphosa launched the Youth Employment Services program to create half a million jobs over this year in response to the growing youth unemployment crisis. Netcare is one of the five anchor sponsor companies of the program and has committed to developing and providing at least 1000 youths with employment in the healthcare sector over the next five years. Richard Friedland, CEO of Netcare joins us for more insight into the company's progress with YES.
12 Feb 2019 6AM English South Africa Business · Business News

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