Unemployment Rate in South Africa at a 10-Year High - Report

The country faces an unemployment rate of 29% with well over half of its youth unemployed, Statistics South Africa has said. The report comes after President Cyril Ramaphosa warned that many South Africans are in danger of losing their jobs when he spoke at the University of Johannesburg's 25 Years of Democracy Conference.

Nearly four in every ten South Africans are unemployed, entrenching poverty and invariably worsening inequality and instability.

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