Author: Smangele Nkosi

Unemployment in South Africa, especially among the youth, is undoubtedly the most important socioeconomic challenge. For the last two decades, the unemployment rate has exceeded 20%. At the end of 2021, it reached a record high of 35%, making South Africa one of the countries with the highest unemployment rate in the world. Recently, however, the Quarterly Labour Force Survey revealed that South Africa’s overall unemployment rate decreased to 32.9% and our youth unemployment rate decreased to 45.5% in the third quarter of 2022. This improvement, while marginal, gives cause for optimism. But continuing this upward trend will require us…