Sunday, June 26, 2011

Jobless rate rivals worst in world

IOL.co.za: "South Africa is one of the worst countries in the world as far as unemployment is concerned, eclipsed only by a few countries in the Middle East because they forbid women to work.

Richard Pike, the chief executive of leading staffing group Adcorp Holdings, this past week attended a Business Leadership South Africa meeting with the National Planning Commission. He said that if one looked at the number of adults who potentially could work, only 41 out of every 100 were actually working."